recession

recession - News, Features, and Slideshows

News about recession
  • Recession a chance to gently squeeze vendors

    For CIOs, the temptation to put the big squeeze on vendors must be high. Many have endured years of licensing and maintenance increases from vendors, increases that have only abated temporarily due to the recession's toll on IT budgets.

  • IDC finds recession driving down storage spending

    Hard times are driving large enterprises to patch holes in their storage architectures with systems designed for small and medium-sized businesses, one reason enterprise disk storage revenue fell 18.2 per cent in the first quarter of this year, according to research company IDC.

  • Cisco's Chambers sees hope after recession

    The current recession is almost the opposite of the 2001 downturn for Cisco Systems because of permanent cost-cutting and the company's move into new technologies and markets, Chairman and CEO John Chambers said Monday.

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