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economy

  • CIOs fear mass IT exodus following economic recovery 19 November, 2009 08:32:00

    Recovery may be no different in terms of employee turnover than previous downturns
    IT professionals asked to do more work for less pay and fewer benefits might be able to forgive their employers' financial choices, but industry watchers say high-tech workers won't soon forget being treated poorly during the most recent economic recession and will look to find other employment opportunities as soon as the recovery gets under way.
  • HP revenue drops in tough climate 20 May, 2009 07:05:00

    The company's enterprise group revenue was down 28 percent, but the company's EDS integration is ahead of plan
    Computer industry bellwether Hewlett-Packard reported a three per cent drop in revenue as its major lines of business continued to be hammered by the global recession.
  • Paper: Consumer data helps fuel Internet economy 19 May, 2009 04:31:00

    Data collection helps pay for all the free stuff on the 'Net, paper says
    Online targeted advertising and the collection of consumer data are the fuel of Internet commerce, not the major privacy problems described by some advocates and U.S. lawmakers, according to a new paper.
  • Cisco's Chambers sees hope after recession 19 May, 2009 04:12:00

    His company is in a much better position in this downturn than in the 2001 crash, he says
    The current recession is almost the opposite of the 2001 downturn for Cisco Systems because of permanent cost-cutting and the company's move into new technologies and markets, Chairman and CEO John Chambers said Monday.
  • In tight times, IT managers more likely to postpone than cancel a project 15 May, 2009 02:30:00

    12% of IT managers surveyed say they have cut a laptop or desktop rollout since October, despite recession
    IT managers have canceled outright fewer client computing projects during the recession than expected, preferring instead to postpone or scale them back, according to a Gartner Inc. survey of 475 IT administrators at large companies in nine countries.
  • Ballmer: IT has opportunities from economic recovery 14 May, 2009 04:24:00

    A focus on productivity and innovation will drive demand for IT
    Growth will have to come from higher productivity and innovation when the economy begins to recover, Microsoft CEO Steve Ballmer told developers gathered Wednesday in Hyderabad for the company's India edition of the Tech Ed conference.
  • Microsoft earnings down over last year 24 April, 2009 06:52:00

    The software giant cites weaknesses in global PC and server markets
    Microsoft missed analyst expectations for its third quarter, stumbling under the weight of the faltering economy.
  • Editorial: Topics of conversation 22 April, 2009 00:19:00

    The questions that keep coming up
    One of the most common questions I’m asked by all representatives of the IT industry is how the rest of the market is faring. It’s not surprising this issue keeps cropping up in conversation, given the economic situation.
  • Interview: Financing the road to recovery 25 March, 2009 16:43:00

    Westcon Group veteran CFO, John O'Malley, spoke about the role of distribution and tackling the dour economic climate.
    Westcon Group veteran CFO, John O’Malley, made his fi rst visit to Australia this month for the local management kick-off. He spoke to NADIA CAMERON about the role of distribution and tackling the dour economic climate.
  • Wall Street Beat: Tech shares hit 7-year low, bounce back 13 March, 2009 08:23:00

    Shares of technology vendors are bouncing back after hitting a seven-year low Monday, but a sustained comeback is uncertain.
    Shares of technology vendors are bouncing back after hitting a seven-year low Monday, but bad news including dour reports on the mobile and components sectors are a reminder that the continuing recession makes the beginning of a sustained comeback unlikely.
  • ARN report: Channel looks to expand in tight economic climate 13 January, 2009 10:10:00

    First ARN Business Index finds the IT industry remains positive despite tougher market conditions
    IT industry representatives remain upbeat about prospects in the short- and long-term and are planning to expand their businesses, a new ARN survey has found. But many admit the global economic climate has taken its toll on customer spending and profits.
  • Intel describes how credit crunch can hurt 03 November, 2008 10:33:00

    Intel added a new warning into its 10Q about the risks it faces due to the economic downturn.
    Intel added warnings in its quarterly filing with the U.S. Securities and Exchange Commission about how the deteriorating economic conditions worldwide may negatively affect its business.
  • Economy likely to stall new enterprise mobile apps 21 October, 2008 11:49:00

    Executives in the mobile industry said that the economic downturn will probably make mobile developers less likely to target enterprise users.
    The economic downturn will probably slow down the development of new mobile enterprise applications, even as changes in the mobile industry are making it easier for developers, said executives at a mobile conference in Seattle on Monday.
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