Syindication
What would a recession mean for IT spending?
Thu, 02/07/2008 - 01:42
Normally IT gets walloped in a recession, with new projects put on hold until the economy thaws. Take the 2001 recession, for example, which saw IT budgets that had been growing 12.9% per year shrink to a 2.8% growth. In such circumstances, enterprises have traditionally placed existing projects on life support while cutting off the air supply to new projects.
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