The economic recession, which has gathered pace in the wake of the financial crisis, continues to depress IT spending levels and expectations. Organizations across the globe have been forced to implement cutbacks in all areas of their business spending, and technology investment has not escaped this general phase of cost control and consolidation. Overall declines are now expected in many sectors of the IT market during 2009, especially those related to capital spending on hardware upgrades and...

The economic recession, which has gathered pace in the wake of the financial crisis, continues to depress IT spending levels and expectations. Organizations across the globe have been forced to implement cutbacks in all areas of their business spending, and technology investment has not escaped this general phase of cost control and consolidation. Overall declines are now expected in many sectors of the IT market during 2009, especially those related to capital spending on hardware upgrades and new projects. The underlying fundamentals of IT demand, however, remain stronger than the short term economic malaise suggests. When the IT market recovery comes, what will it look like and which technologies will be the first to see renewed investment and accelerating demand? In this telebriefing, IDC's team of Black Book analysts and economists will answer questions such as: What is the current outlook for the recovery in IT markets during 2010 and 2011, and how might economic circumstances impact that rebound? Which are the bright spots of IT spending which will prove most resilient during the rest of 2009? What should IT vendors do in order to capitalize on the prevailing market conditions during the next 12 months? How will the post-recession IT market be different from the pre-crisis market of 2007?

Read more at: http://www.idc.com/getdoc.jsp?pid=23571113&containerId=TB20090226.

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