As investors, it is important to monitor various industries and engage in ahead of the curve idea generation. The IT sector is going to be a very interesting space going forward. This uncertainty has been echoed by CEOs over the past couple weeks as earnings season kicked off and several blue chip IT companies released earnings. The next twelve months are going to be challenging for IT companies as the effects of the credit crunch are yet to be determined in regards to IT spending and it’s effects on both top line and bottom line growth. Going forward in the next twelve months, I think investors need to be aware of the following five trends to keep their IT investments profitable. Aggregate IT Spending Will Decline CEOs across the board are reporting uncertainty regarding corporate IT spending in the upcoming quarters. This
[More...]
-