
IDC Chief Research Officer, John Gantz, believes enterprise computing is having a good time. But in which planet?
Well that’s thinking way out of the box!
Speaking at the Citrix’s Synergy conference, IDC chief researcher John Gantz told an audience of IT executives that despite the economic meltdown, their line of work is enjoying a long period of growth.
“That’s about as good as it gets,” said Gantz.
For IT, the boom-bust cycle works this way: 5 years of exhuberance, a crash and a long period of growth until the next bubble.
And since the launch of the IBM 360 in 1964 there were only 3 technology crashes (70s, 85, 2000s), and today is just not one of them!
“We just had the IT bubble in 2000-2001,” Gantz recalls.
So what’s all the fuss about IT budgets shrinking and all that?
Well for Gantz, the economic recession is simply forcing companies to “do more with less,” and “sharpen their senses.”
The IDC chief researcher ended its presentation with another unbelievably optimistic line:
“The next four years are a once-a-career opportunity.”
I wonder for who! And with that, “good luck,” he ended!

IDC's point: the IT bust and boom cycles do not coincide with the world economy's cycles
Posted by TechPulse 360