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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With economic downturn, Dell, HP cut U.S. server prices

Nice opportunity to get in on some immediate deals.

In a response to the U.S. recession, IT hardware vendors like Hewlett-Packard Co. and Dell Inc. have responded by reducing hardware prices. Conversely, Europe and other markets have begun to see server prices increase because of currency exchange fluctuations.

Take, for instance, Dell; the company recently reduced its U.S. hardware prices almost across the board, according to Mason Reay, the vice president of Dell marketing operations. And during the last quarter, by cutting prices, Dell has exceeded earnings expectations .

SearchDataCenter article

Finding IT's upside in the downturn

The economy may be tanking, but that doesn’t mean the hopes and priorities of IT leaders are in a freefall.

Dan Gingras expected panic.

Gingras, a former CIO at Bausch & Lomb and Watts Regulator Co. and now a partner at the consultancy Tatum LLC, frequently consults with CEOs and corporate boards on IT strategy. After the Wall Street fallout and the looming uncertainty following it, Gingras expected his clients to sound the alarm, particularly on IT spending.

CIO Insight article