UPDATE 1-Gartner slashes 2009 tech spending forecast

Cuts 2009 IT spending growth to 2.3 pct from 5.8 pct * Sees Western Europe down 0.8 pct, North America up 0.5 pct (Adds analyst comment, regions, BOSTON dateline) BOSTON, Oct 13 (Reuters) - Gartner Inc, the world's biggest technology research company, sharply cut its forecast for global technology spending next year, seeing a drop in spending in Western Europe and a slim rise in the United States. The company, whose forecasts are closely watched by investors, said that information technology spending could rise only 2.3 percent in 2009, with businesses cutting back as the economic crisis spreads. Gartner had previously forecast 5.8 percent growth in IT spending next year. "Developed economies, especially the United States and Western Europe, will be the worst affected, but emerging regions will not be immune," Peter... [read full story]                    

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