Free Newsletters
InfoWorld Daily

InfoWorld
Log-in | Register

IT spending to see anemic start in '08

ChangeWave calls corporate IT spending environment 'murky'


The new year will see belt-tightening in the IT industry, as many customers look to hold down their technology spending, according to a study from ChangeWave Research.

The investment advice firm's report found that 24 percent of respondents said their organizations planned to increase IT spending in the first quarter of 2008. That figure clashed with the usual seasonal growth found in previous years.

An additional 20 percent said spending will drop or be nonexistent, up 3 percentage points from the last study, in August. Another 51 percent said spending will remain the same.

However, some 17 percent of respondents said they had spent more money than planned so far in the fourth quarter, a finding the report singled out as a relative bright spot.

"We just have a murky corporate IT spending environment," said Paul Carton, ChangeWave's director of research. "This shows why the Fed has to cut interest rates to ease the credit crunch. When credit tightens, the first thing that takes a hit is capital spending, IT spending."

The study also polled respondents on their choice of smart-phone vendors. Research in Motion's BlackBerry was dominant here, with a 73 percent share, up two points from the previous survey. In contrast, Palm fell four points to 19 percent, followed by Motorola with 11 percent. Apple's iPhone gained three points to reach 5 percent market share, but according to ChangeWave this growth is occurring "primarily among small to very small companies."

ChangeWave said 1,964 people involved with IT spending in their companies took part in the study, which was conducted between Nov. 12 and Nov. 23.


Talkback:

commentPost a Comment

 

MOST COMMENTS

 
 





MIGRATING TO VISTA
Join Windows Vista Expert, Richard Whitehead as he presents the benefits and challenges of migrating to Windows Vista. Sponsored by Novell

»  Click here to view this Webcast
  The Path to Enterprise Security
This is your comprehensive guide to Enterprise Security. In it you'll find solutions to the most pressing security threats facing you and your company. Learn the latest on insider threats and how to effectively minimize risk within your organization. Sponsored by Nokia

»  Click here to download now

- Special Advertising Partners -
WHITE PAPERS
 

» Technology White Papers Library

Technology White Papers by Topic

Technology White Papers E-mail Alert

Find out when the latest white paper is available:
 
 
INFOWORLD MARKETPLACE
 
» BUY A LINK NOW
 
 

Video

 
 
 

Podcasts

 
IFW Daily 10/10/2008

A look back at the week: AMD splits into two, Panasonic sets world record...

 
 

 

Columnists

 
 
 

Resource Center


Ads by techwords beta  [See your link here]
 




Sponsored Technology Links

 
 
 HOME  NEWS  BLOGS  PODCASTS  VIDEOS  TECHNOLOGIES  TEST CENTER  EVENTS  CAREERS   About | Advertise | Awards | RSS | Contact Us 

Copyright © 2008, Reprints, Permissions, Licensing, IDG Network, Privacy Policy, Terms of Service.
All Rights reserved. InfoWorld is a leading publisher of technology information and product reviews on topics including viruses,
phishing, worms, firewalls, security, servers, storage, networking, wireless, databases, and web services.

CIO :: ComputerWorld :: CSO :: Demo :: GamePro :: Games.net :: IDG Connect :: IDG World Expo
Industry Standard :: IT World :: JavaWorld :: LinuxWorld :: MacUser :: Macworld :: Network World :: PC World :: Playlist