Stimulus package means $100b in tech spending

The economic stimulus package should generate an estimated $101.2 billion in technology spending over the next five years, according to an estimate from IDC, a Framingham firm that focuses on global market intelligence.

The firm is releasing IDC's Industry Insights, a series of industry-specific reports on the implications of the economic stimulus plan, which is formally known as the American Recovery and Reinvestment Act, or ARRA.

IDC's $101.2 billion estimate of technology spending includes spending on both information technology as well as spending on such technology as smart meters, in-home display devices, energy management systems, and renewable energy technologies surrounding wind and solar power, the firm said in a press release.
(By Chris Reidy, Globe staff)