Wednesday, December 31, 2008

Economic meltdown to change telecom landscape, report says

The tech industry that includes the telecom and the enterprise networking sectors has gone through some hard times in the last 20 years, but the author of a new economic forecast for the technology industry says he's never seen anything like this.

The title says it all. In Surviving a Tech Market Nuclear Winter: A Planners Handbook to Tech Success in Today's Challenging Financial Times, industry analyst and consultant Tom Nolle, president of CIMI Corporation, says "it's hard to see how we could have a worse juxtaposition of planning activity and economic events." But Nolle also believes that if companies take the right actions in a bad market, they can come out of this economic crunch stronger than when they went into it.

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