Recession Over-Hyped? Not For Enterprise and Infrastructure Projects November 3, 2008Posted by John in Technology.
Tags: Enterprise Spending, Greg Ness, Infoblox, recession
Infoblox recently hosted a series of customer Advisory Board Meetings on the East Coast of the US and in Northern Europe. The attendees represented a number of the biggest companies in the world – we’re talking global, household names. Included along with discussions of large-scale deployments of DNS, DHCP, IPAM and other core network services, the group discussed the impacts (or expected impacts) of the current economic woes on IT spending and project priorities.
Several said that IT spending growth would slow from perhaps 5-7% YoY to 3-5% YoY growth. But a reduction in growth is far short of a net reduction in spending: The vast majority of companies said that they would not put off major IT projects, including infrastructure projects.