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Sunday, October 12, 2008
Education Technology Spending To Top $56 Billion by 2012 - Dave Nagel, THE Journal
In the United States, IT spending in education will reach $47.7 billion by the end of this year and is expected to top $56 billion by 2012, according to a new report from Compass Intelligence, an IT consultancy and market research firm. This growth in education--both K-12 and higher ed--is being fueled in particular by expenditures in telecommunications, collaborative technologies, and outsourced IT services. According to the new report, "Education Snapshot: Learning with Technology," the bulk of education IT spending is occurring in higher education--about 64 percent versus 36 percent in K-12. In 2008, telecommunications accounted for almost $16 billion of total education expenditures, but, according to Compass, this category will be outpaced by outsourced IT services over the next four years.
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