U.S. information and communications technology (ICT) spending grew...
U.S. information and communications technology (ICT) spending grew in 2013 at a pace that was faster than that of overall global spending, beginning a trend likely to continue through at least 2017, said the Telecommunications Industry Association Tuesday in a…
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report. The U.S. has also passed Europe in spending by region, ranking behind only Asia in that metric, TIA said. The U.S.’s rising rate of ICT spending stems from growing data usage on LTE networks, along with the growth of specialized services like cloud services, machine-to-machine communications and cybersecurity, TIA said. “It’s all about data -- building the infrastructure to handle it, managing it, storing it and protecting it,” TIA President Grant Seiffert said in a news release (http://bit.ly/1qHD33z).