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Wed 13 Aug 2003 04:00 AM

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IDC forecasts upswing in IT training market

Slashed budgets resulted in a rough year for IT training vendors in 2002. However, IDC is predicting an upturn in spending, particularly post 2003.

Reduced IT budgets and a shift in spending priorities made 2002 a rough year for training and education vendors. However, analyst group, IDC is predicting an upturn in spending, particularly post 2003, when the enterprise segment starts to really pick up once more.“The IT education and training market has been challenged by economic circumstance during the past two years. 2002 was the low water mark for the industry, and recovery has begun,” says Cushing Anderson, program director of IDC’s Learning Services Research. “Those vendors positioned to leverage their brand value, incorporate learning services where appropriate and facilitate enterprise sales, will catch the wind first and begin to sail towards the horizon,” he adds.According to IDC, the top five vendors in the IT training and education market are IBM, New Horizons Computer Learning Centres, SAP, Oracle and Sun Microsystems.

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