CIOs should learn to deal with cash constraint: Gartner
Having a positive ROI may no longer be enough to get your next major ICT project over the line, according to Gartner.
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.
It's a scary new world, but IT leaders who adjust can still deliver prosperous projects.
A senior corporate executive leaves the company, taking with him his framed family photographs, his prized gold pen-and-pencil set -- and the passwords of several hundred employees.
Signs everywhere point to the plight of the laid-off tech worker. Tech consultancy BearingPoint files for bankruptcy. Hewlett-Packard's profits plummet. Silicon Valley employment falls for the first time in several years. With daily layoffs and few new jobs available, techies have seen their careers careening off track -- and now they need to reinvent themselves or get off the tech train altogether.
The recession has companies worldwide scrambling to rein in technology costs with desperate vendors responding in turn, offering deep license discounts, providing low-cost financing and proclaiming ever more shrilly that their products in fact save customers money.
No company is immune from the economy's ebb and flow. So it's no surprise that, in the face of a fearsome downturn, IT shops are scrambling to figure out where they should cut.
Until September, the US tech industry appeared insulated from the year-long economic slowdown. Most of the 20 largest US tech firms reported solid second-quarter earnings in July and August, and they were projecting continued growth in sales through the year-end. Then Wall Street crashed. Here's the latest word from tech executives about current market conditions and the outlook for the rest of this year.