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IT spending now expected to decline 5.1% in face of pandemic

"[Businesses] have to get a handle on [their spending and budgeting]. They need to know where they are and they also need to know, assess and come up with scenarios for where the potential for growth is, vs. contraction," said Howard Dresner, founder and chief research officer at Dresner Advisory Services. "You know where you should be investing, because if you can do across-the-board cuts, you're cutting your growth business, too."