IT spending

Seven Questions for Bill Veghte, Hewlett-Packard’s New Chief Strategy Officer

Arik Hesseldahl in Enterprise on January 20 at 7:25 am PT

Meet the 20-year Microsoft veteran who’s now in charge of steering HP’s strategic vision.

Gartner Slashes 2012 Global IT Spending Forecast

Arik Hesseldahl in News on January 5 at 7:05 am PT

Research firm Gartner just knocked down its growth forecast for global tech spending by nearly 1 percent. It may not sound like much, but it amounts to slowdown worth about $100 billion.

Thanks, Oracle, for Harshing the Enterprise Tech Buzz

Arik Hesseldahl in News on December 21, 2011 at 3:50 pm PT

A disappointing quarter from Oracle seems to blast apart the idea that enterprise tech companies are holding steady. As usual, the markets overreacted.

Gartner Says Worldwide IT Spending to Grow, Despite Japan Earthquake

Arik Hesseldahl in Enterprise on June 30, 2011 at 6:45 am PT

The earthquake in Japan isn’t having as much of an impact on worldwide IT spending as expected, the market research firm Gartner says. Growth, it says, will be healthy.

Worldwide IT Spending Growth Speeds Up, Gartner Says

Arik Hesseldahl in Enterprise on January 6, 2011 at 7:48 am PT

Good news, right? Yes, but it’s complicated by the weakness of the U.S. dollar.

Chips: The Street’s Worries Intensify; Downgrades Piling Up

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on September 7, 2010 at 10:46 am PT

The Street’s fretting over weakening demand in the chip sector is intensifying. In short, signs of weak PC demand, combined with fears of a slowing recovery in IT spending, indications of inventory expansion in the supply chain and general worries over the lackluster economic recovery have spurred multiple analysts to rethink their positions.

Cisco Can't Save the Market

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on February 4, 2010 at 12:17 pm PT

Cisco Systems after the close yesterday posted stunningly good results for its January quarter, and provided April quarter guidance that was way above Street expectations. CEO John Chambers could not have sounded more optimistic about the quarter and the outlook if he tried; he said the company saw a broad-based recovery across all geographies and product sectors.

Econalypse Fin

John Paczkowski in News on January 13, 2010 at 5:45 am PT

“The technology downturn of 2008 and 2009 is unofficially over.” This, according to Forrester, which claims technology spending will roar back to life in 2010.

IT Spending's Role in the Economy

Lauren Goode, Reporter, The Wall Street Journal in News on November 13, 2009 at 11:24 am PT

Efforts to reform the U.S. health-care and bank lending systems are likely to lead to an increase in information-technology spending, said one potential beneficiary, Sudhakar Ram, chairman of IT firm Mastek. Overhauling the country’s IT systems could cost as much as $250 billion to $300 billion over five to seven years, he said in an interview.

IT Spending: Jefferies Sees Signs Of Hope

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on October 13, 2009 at 1:00 am PT

Is corporate IT spending showing signs of life? Jefferies enterprise software analyst Katherine Egbert thinks so. She issued about a flurry of research notes today, saying various nice things about the improving climate, lifting targets and estimates for an assortment of stocks.