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Turbulent Times for IT Industry in 2005

According to an article written by Robert Jaques of VNUNet.com, the IT industry is on the brink of a major shift within the various corporations, including Microsoft.

 

Jaques states that:

The IT industry will suffer a period of "enormous turbulence" next year, marked by seismic technological shifts and vendor consolidation as firms including Microsoft look to make major acquisitions.

Corporations will be off shoring in an effort to increase efficiency of their products while lowering costs.

The analyst said that its prediction of moderate six per cent worldwide growth in IT spending assumes improving IT growth in the US, modest improvement in Western Europe, strong growth in the emerging IT economies of Central and Eastern Europe, China and India, and growth struggles in Japan and Latin America.


 

 
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