IT Projects On Hold But Not Eliminated Entirely

May 14, 2009

Here’s some good news for the rebound, whenever it comes.

Hardware spending is being hit harder than other areas of IT

Hardware spending is being hit harder than other areas of IT

According to Gartner, more far more corporate technology buyers are delaying computing projects than canceling them. Only 12 percent of companies surveyed in February and March have outright eliminated a project.

What that suggests is many of the projects will be dusted off and carried forward when corporate money begins flowing again.

The survey found that spending on hardware will be hardest hit. Gartner projects overall IT spending will decline 3.7 percent this year, before rebounding 2.4 percent next year.

Hardware spending nonetheless will fall 14.9 percent in 2009, much worse than the IT market in general. Even next year, hardware – including purchases of PCs, servers and storage – will lag, growing just 0.8 percent.

Of course, conditions will vary greatly around the world. Projects in India and China are much more likely to go forward this year and projects in the U.S. and Europe.


Sybase Offers More Proof Software Is Doing Better Than Hardware In Downturn

January 28, 2009

Sybase reported fourth-quarter results on Wednesday that added to the evidence that software is navigating the downturn better than hardware and computers.

The company said sales increased 3 percent to $305 million and new license revenue for its database software rose 38 percent. Overall license revenue was up 8 percent.

Database licenses grew 38% in the fourth quarter, John Chen said

Database licenses grew 38% in the fourth quarter, John Chen said

Net income came to $47 million.

Sybase joins companies such as IBM, VMware and Oracle (so far, at least) that have reported growth or relative stability in software sales.

Sybase CEO John Chen attributed the success to the company’s investments in its “unwired enterprise” strategy. The market is responding well to Sybase’s mobility and analytics technologies, he said in a statement.


Iomega Looks At Network Storage For Growth. Bets on Style to Compete With Seagate, Western Digital in Portable Drives. But No Adoption Of Consumer Flash Drive Before Christmas 2010

September 25, 2008
Jonathan Huberman, CEO, Iomega

Jonathan Huberman, CEO, Iomega

Beware Seagate and Western Digital, Iomega is on the come-back!

Speaking yesterday at EMC’s Innovation, Information and Security Summit held at the company’s Silicon Valley headquarters in Santa Clara, Iomega CEO, Jonathan Huberman (pictured), predicted a massive consolidation of the consumer portable storage market (think USB hard drives), with only a handful of companies surviving in this cut-throat market largely dominated by the disk drive makers themselves.

“There’s only a handful of companies in this market that can invest as much as we do in R&D and marketing. The disk drive makers are investing a lot in improving aerial density not really in design, packaging, etc.”, explains Huberman.

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