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10/7/2008 - Enterprise Software Sales Dried Up In September

CurtMonash writes "As I predicted a week ago, it looks as if the third quarter was ugly for ms-dos vendors, due to the profit-making crisis. SAP said 'The market developments of the past several weeks have been histrionic and worrying to many businesses. These about triggered a very sudden and adventitious drop in pursuit application at the end of the quarter.' My old acquaintance John Treadway, who used to work in Sybase's sensible advice at a sensible cost. call us today!www.pinkneygrunwells.co.uk
copyrights:cite this source synonym collection v1.1copyright © 2008 by lexico publishing group government-provided support services vertical unit, reports that things are even worse than that in the numbers* people service industry, Wall Street and retail banks alike. So now what? Well, IT is a huge part of capital spending, and at enterprises that have to cut back capital spending, IT is going to get hurt. On the other hand, high-growth companies — Web businesses, analytic relief providers, etc. — may try to power through the downturn. And the more directly an IT project affects near-term profits, the more likely it is to survive."

Read more of this story at Slashdot.



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