Wednesday, January 15, 2003

From the doom-and-gloom-dep, yes again we can expect the IT budgets to shrink, this articles says 1%, this is better than the 3% I read a few weeks back...The Register Leaving aside the fact that the lower IT spend will reflect flat or lower revenues for some of the major technology companies for 4th qtr 2002 / 1st qtr 2003, the IT market is now forecast to decline by 1% rather than grow by a modest 2.3%.

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