Bartley writes that “feedback from the channel is markedly more negative” than it was two to three months ago. He says the poor economy is resulting in month-over-month slowing in the online business analytics sector; he says Q4 activity is weaker than expected in what is normally a seasonally strong period. “In general, existing customers are not expected to increase their investments in 2009,” he writes. Bartley also says new customer growth is slowing; he expects a drop of 30-50 percent in 2009 in new customer additions.

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