Report: Economy in turmoil, IT budgets and new projects fading
With the recession officially over in 2010, this was supposed to be the year when IT budgets bounced back. Long-deferred equipment refreshes were back on the table. CIOs were advised to ready their organizations for business expansion. There was talk of a hiring crisis. But that was before the European debt mess and the threat of double-dip recession rattled markets anew. An IT budget benchmark report from Forrester Research shows that projected growth failed to materialize.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063