Vendors That Survived the Recession: 2009 Dire Predictions Revisited

  • By

    Lawrence Walsh

    | Posted 2009-12-28

Over the past year, IT vendors have been sitting on a mountain of cash. The top eight vendors—including Microsoft, Google, IBM, EMC and Cisco—have cash reserves totally more than $125 billion. The fall 2008 stock market crash, the seizing of credit markets and the stalled spending on technology by businesses had many predicting that 2009 would be the year of massive consolidation as large, rich vendors went bargain shopping. Conversely, many predicted that 2009 would be the year where perceivably weaker vendors would either be acquired or go out of business.

At the beginning of the year, Channel Insider asked solution providers to predict the fates of 12 well-known hardware and software vendors. Their predictions were the basis for much conversation as the initial report went viral. Some thought solution providers were spot on, while others voiced distain for off-the-mark speculations.

>> CHECK OUT the original "Dire Predictions" list by clicking here

To bring these predictions full circle, Channel Insider is revisiting its "Dire Predictions Report" from January to see how well solution providers did with their "going out of business" forecasts. As you’ll see, many solution providers need a better Magic 8 Ball.

Lawrence Walsh Lawrence Walsh is editor of Baseline magazine, overseeing print and online editorial content and the strategic direction of the publication. He is also a regular columnist for Ziff Davis Enterprise's Channel Insider. Mr. Walsh is well versed in IT technology and issues, and he is an expert in IT security technologies and policies, managed services, business intelligence software and IT reseller channels. An award-winning journalist, Mr. Walsh has served as editor of CMP Technology's VARBusiness and GovernmentVAR magazines, and TechTarget's Information Security magazine. He has written hundreds of articles, analyses and commentaries on the development of reseller businesses, the IT marketplace and managed services, as well as information security policy, strategy and technology. Prior to his magazine career, Mr. Walsh was a newspaper editor and reporter, having held editorial positions at the Boston Globe, MetroWest Daily News, Brockton Enterprise and Community Newspaper Company.

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