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

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.
Posted by Mark Boslet 
