TechNavio's analysts forecast the IT market in Germany to grow at a CAGR of 3.85 percent over the period 2014-2019.
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IT can be defined as an integrated platform consisting of hardware, software, and services. Organizations have IT departments and are responsible for storing, safeguarding, processing, transmitting, and retrieving information. IT enables a smooth flow of information across an organization. IT departments manage all IT-related services, software, and solutions, integrating and streamlining them with various processes, thus facilitating a smooth flow of organizational information. They also help organizations to align their business processes with various technologies and improve overall efficiency.