Virtualization was second only to cloud computing as a priority for 2,014 CIOs representing over $ 160 billion in corporate and public-sector IT spending across 50 countries and 38 industries in Gartner’s 2011 CIO Agenda survey, released in January. While IT budgets were expected to be flat for the year, these technologies were selected as the top two technologies for 2011 and are well-suited for this budget reality, as they offer similar service levels at lower budget costs, stated Gartner.
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