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Wall Street Beat: IT forecasts slashed

With CIOs reporting budget revisions, market analysts slashing expectations for tech sector growth, and companies as diverse as Yahoo, Hynix, Texas Instruments and Sony cutting sales forecasts and jobs this week, there is no bottom clearly in sight for IT.

| News | Business | 12/12/08 at 10:02 am |


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Gartner analyst predicts drop in Federal IT spending

Gartner's public sector analyst Rishi Sood predicted recently that federal IT spending will drop by $4 billion in 2009, and that growth will not resume until 2012.

| News | Channel | 12/09/08 at 10:52 am |


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Risks, rewards, challenges of financing IT purchases

What happens if a company defaults on a loan for a multimillion-dollar ERP software purchase? Or can't pay for the hardware, software and services that it bought two quarters ago? As it turns out, hardware is just like a house or car: It can be "repo'ed," refurbished and resold by the vendor or, perhaps, put out on eBay.

| Feature | Business | 11/24/08 at 3:10 pm |


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Survey: Confidence in IT spending plans takes another hit

Confidence in the economy continues to wane for IT decision makers, who once again have scaled back their staffing and spending expectations for the coming months.

| News | Business | 10/28/08 at 3:43 pm |


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