STAMFORD, CT – Worldwide IT spending is projected to total $3.5 trillion in 2020, a decline of 7.3% from 2019, according to Gartner. While the global economy is expected to witness a “swoosh” recovery, IT spending will experience more of a “swoop” recovery, the firm says.

MILPITAS, CA — Revenue from printed circuit board and MCM design software totaled $250.9 million in the March quarter, up 12% from a year ago, the Electronic System Design (ESD) Alliance announced today.