Friday, November 14, 2008

CIOs Forecast Flat Spending Growth, but No Declines

From eWeek Channel Insider, November 13, 2008...

CIOs are forecasting lower spending for 2009 but not dramatically lower. That's news that should cause both vendors and IT solution providers to breathe a sigh of relief and then look at how to pump up their marketing and sales to answer sales objections to ensure they get their piece of the smaller 2009 IT budget pie. While IT organizations increased cost-cutting in the third quarter of this year, going into 2009 most are not expecting to make big cuts in either IT operational spending or staffing levels, according to a survey of 159 North American IT organizations, conducted by Computer Economics, an IT research and advisory firm in Irvine, Calif.

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