Thursday, April 29, 2010

Economic Turn around -- how good depends

As the economy starts to turn around, how good will the recovery be?  Most large companies will see the most gains in customers and revenue.  Many CIO's at large companies will see their budgets increase in the next  6 months and hiring will increase. Executives at large companies are confident that business will improve dramatically.

Along with increase budgets companies are spending money on upgrading network and server platforms especially in relation to virtualization. At smaller companies, budgets are increasing but at a slower pace. Typically  50% of small business plan on spending on information technology projects and hiring will increase at  a slower rate than their large counter parts.

As economic condition improve, depending on your sector, positioning yourself to take advantage of increase budgets and new projects can help improve your upward mobility.

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