IT industry bright
Posted on September 15th, 2008 by sherrilynne
Tales of economic doom and gloom have been filling news pages around the world for about a year now, since we first heard the term ‘credit crunch‘.
But it seems that the IT industry has been immune to the economic downturn with all indicators showing that things were holding steady in IT budgets.
That was until last week when Forrester Research released its Business Data Services report.
It said that more than 40 per cent of large businesses have cut their IT budgets this year due to the global economic slowdown according to a survey of nearly 950 senior IT managers across North America and Europe. Click here to read the rest of this Tech Talk column.
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