A survey of some 400 CIOs across the Australia and New Zealand (ANZ) region indicates that while 70 per cent feel the effects of the GFC have passed, an average 2.3 per cent budget increase will take place in these organisations.
Wipro, India's third-largest outsourcer, said Tuesday that its IT services revenue in U.S. dollar terms had declined by 4 percent to US$1.1 billion in the quarter ended Sept. 30 against the same quarter last year.
Like the rest of the economy, the tech sector has been in the doldrums for well over a year now. But there are signs that things may be improving. Here are five recent developments that show a tech recovery may be under way.
Hard times are driving large enterprises to patch holes in their storage architectures with systems designed for small and medium-sized businesses, one reason enterprise disk storage revenue fell 18.2 percent in the first quarter of this year, according to research company IDC.
Leading IT companies and CIOs should start preparing for business growth immediately if they want to avoid falling behind competitors once the recession ends, says Gartner Research.
Having a positive ROI may no longer be enough to get your next major ICT project over the line, according to Gartner.
With project budgets shrinking, network professionals are spending less time planning new purchases and more time trying to cut costs and squeeze more value out of existing IT resources.
As the economic news continues to get bleaker, double-digit budget cuts are becoming a fact of life in many IT departments - resulting in postponed purchases, delayed projects, hiring freezes and layoffs.
Aaron Yu wants to share his enthusiasm for Kiva, a nonprofit microfinancing organization. He sees Facebook as a prime way to do that.
The semi-annual DEMO conference is all about finding the next big thing, a company that can wow the technology world while raking in boatloads of cash.