In a recent survey from Forbes, a big question poped up. Is the demand for IT services down or up? Well, the experts have said it right that "demand is still very strong". It's the companies who are cutting down budgets on new assets, hires, software, and hardware. They are trying to meet customer's needs with existing resources. Infact, they are curtailing consultants rather than consultancy. Most of the data is digitized and the volume of transactions are growing like anything. A robust data management infrastructure through data consolidation (green data center) and virtualization have some answers to cut down on cost and might bring a smile on the CIOs face to add some value to the customer's growing needs of humangous transactions.
The transation-volume-revenue, equation has broken down. But, the amount of work involved is growing at it's own pace. In the early years of 2000 the focus was on outsourcing when we were trapped in similar recession then. Now, the focus seems to be shifted in the similar scenario in this recession. Where, CIOs are focusing more on shared services and recentralizing IT.
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