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Gartner UK Ltd

Gartner Says CIOs Should Re-Examine Budget Plan Modelling In a 20 Per Cent Increase in Dollar-Based IT Products

Analysts to Discuss Financial Management at the Gartner IT Financial, Procurement & Asset Management Summit 2015, 21-22 September, in London

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Over the last year, the euro, Japanese yen and Brazilian real have all dropped by about 20 per cent relative to the US dollar. As a result, products priced in dollars will become more expensive in local currencies. Gartner, Inc. said CIOs of any country whose currency has weakened against the US dollar need to re-examine their budget plans and account for a 20 per cent increase in the price of dollar-based IT products for 2015 and beyond.

"We expect that this drop will hold through at least the end of 2016," said Roberto Sacco, research director at Gartner. "As
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