Recent Articles
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Wachovia Downgrades IT Offshore Outsourcing Sector
Sept 19 (Reuters) – Wachovia Capital Markets downgraded IT offshore outsourcing sector to "market weight" from "overweight," citing the recent chaos among major financial service providers. Financial service providers — a key source of business for the IT offshore outsourcing sector — is expected to cut back further on IT spending in 2008 and 2009,…
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Acer Expects Stronger PC Sales to Boost 08 Revenue
By Baker Li TAIPEI, Sept 19 (Reuters) – Taiwan’s Acer (2353.TW), the world’s No.3 PC vendor, expects stronger PC sales to boost revenue "very close" to $20 billion this year, above market expectations and up about 40 percent from last year. Acer Inc Chief Executive Officer and President Gianfranco Lanci issued the forecasts on Friday…
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Wall Street Meltdown: This Can`t Be Good for Solution Providers
Whew, did you see that!? It was hard to miss. The world pretty much shook in the wake of the Wall Street meltdown earlier this week. It’s scary to think the people who are supposed to watch your money can’t keep their own companies solvent. Unfortunately, the punishment for this ineptitude is going to affect…
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Getting the Credit You Deserve: How Will the Credit Crisis Affect IT Spending?
If you’ve looked at your investment portfolio recently you may have concluded you are going to be in that IT job much longer than you’d been planning. But aside from the personal ramifications, are there also consequences for your business? Will the turmoil on Wall Street and in the banking industry affect credit available for…
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IT Decision Makers Evenly Split on McCain vs. Obama
IT spending decision makers are evenly split on the presidential candidate they favor and who they think would be better for the country and better for their businesses–28 percent favor Barack Obama and 28 percent favor John McCain. That’s according to the most recent CDW IT Monitor Index that measures sentiment among IT spending decision…
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Cisco, VMware Switch Up Virtual Server Networking
Having trouble networking and securing virtual machines? You won’t have to wait long before a new technology is available that solves that problem. VMware and Cisco Systems announced a jointly developed Cisco Nexus 1000V, a software switch designed to make easy work of networking, manage and secure virtual machines. The software switch, announced…