Economy Will Force IT to Transform

In 2009, expect to see big deals and sprawling new enterprise offerings emerging in cloud computing, Web 2.0 and virtualization.

December 4, 2008 Richard Adhikari

Hammered by the global recession, players in the IT industry will have to undergo radical changes to simply survive, according to research firm IDC.

But that’s not bad news for everyone.

Enterprises and small to midsized businesses (SMBs) may be poised reap the benefits of a transforming IT industry — in the form of new developments in cloud computing, Web 2.0 and virtualization, Frank Gens, IDC’s chief analyst, said during a teleconference… Continue