JDA Software Group has named former Tyco executive Girish Rishi chief executive officer to succeed Bal Dail, who will step down immediately but help with the leadership transition through the first quarter of 2017.
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Worldwide IT spending will grow 2.7% to $3.5 trillion in 2017, according to projections from Gartner, Inc. The latest forecast downgrades earlier projections of 3% growth for the year.