Why this tech recession will be different

Categories: Miscellaneous

George F. Colony (founder and CEO of Forrester Research) blogs about how he thinks the recession will affect the IT/Tech industry.

His five bullets:

  1. Tech will be down, but not out.
  2. Transformation and innovation will lead recovery.
  3. Tech is everywhere.
  4. Customers live on tech.
  5. Tech issues are burning.

His conclusion:

Tech suffers when GDP growth stalls — that is always the case. But the tech environment has transitioned since the 2001-2002 hurricane — meaning that this time around will not be as severe.

Read the interesting article at http://blogs.forrester.com/colony/2008/10/my-take-on-the.html