2010 IT Industry Economic Outlook Looking Up

The CompTIA IT Industry Business Confidence Index experienced its largest jump ever in December 2009, reflecting renewed optimism and strengthening balance sheets among IT companies. The December rating jumped 6.3 points to 56.6, marking the first time net positive opinions exceeded net negative opinions. The December results come on the heels of a relatively stagnant…

IT Spending Holding Its Own

Worldwide vertical market IT spending is projected to total $2.7 trillion in 2009, a 0.5% increase from 2008, according to Gartner. Utilities, healthcare and government are expected to be the strongest-growing segments of the market in 2009. “The economic slowdown triggered by the U.S. subprime market crisis, along with fluctuating oil prices and currency exchange…

No One Immune to Global Crisis: Microsoft CEO

Microsoft CEO Steve Ballmer said on Tuesday no company was immune to the global financial crisis, which he expects to sap both consumer and business spending. On Monday, Ballmer said he believed the tech industry was still “buoyant”. “Financial issues are going to affect both business spending and consumer spending, and particularly … spending by…