Tech Reacts to the Nightmare on Wall Street

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    Channel Insider Staff

    | Posted 2008-09-30
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CHANNEL INSIDER: IT Solution Providers and the Finance Crisis
 

Andy Swenson
Managing Director of 
Security & Infrastructure
Tribridge

 
"We have continued to see solid growth this year to date, I think in part because companies would rather use consultants for some projects rather than hire and incur the longer term expense of new employees. As long as growing businesses have access to capital I think we see continued growth.

"...Collectively there is a concern that people are not spending which will affect customers in the consumer sectors but in other areas companies who can invest in projects that increase productivity to continue to become more efficient.

"…To date we are not seeing projects cancelled and we continue to see some opportunities across all our business sectors. Additionally there are opportunities to acquire smaller solution providers who may have difficulty with credit and capital."

 
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