global recession

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  • 70 per cent of CIOs say GFC effects have passed: IDC

    A survey of some 400 CIOs across the Australia and New Zealand (ANZ) region indicates that while 70 per cent feel the effects of the GFC have passed, an average 2.3 per cent budget increase will take place in these organisations.

  • Outsourcer Wipro continues to be affected by recession

    Wipro, India's third-largest outsourcer, said Tuesday that its IT services revenue in U.S. dollar terms had declined by 4 percent to US$1.1 billion in the quarter ended Sept. 30 against the same quarter last year.

  • Optimistic outlook from Dell, Intel may signal rebound

    Like the rest of the economy, the tech sector has been in the doldrums for well over a year now. But there are signs that things may be improving. Here are five recent developments that show a tech recovery may be under way.

  • IDC: Recession driving down storage spending

    Hard times are driving large enterprises to patch holes in their storage architectures with systems designed for small and medium-sized businesses, one reason enterprise disk storage revenue fell 18.2 percent in the first quarter of this year, according to research company IDC.

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