It would take a 'catastrophic' recession to stop tech spend growth, says IBM boss
Corporations large and small are not yet showing any signs of clipping their enterprise technology spending says IBM's boss, despite mounting fears about the parlous state of economies around the world. Maybe it's wishful thinking.
“As I talk to CEOs and CIOs across the globe, almost none of them are talking about cutting down technology spending," he said.rolled out results this week and CEO Chuck Robbins said the energy issue was"forcing" local organizations to"take a look at their P&L as you would have to and where they spend their dollars." The winter in the region remains mild, though, and that is a"positive sign.
IBM has had more success pitching hybrid cloud services to customers. This week, research by Micro 4, a division of UNICOM Global, indicated 83 percent of IBM mainframe customers are intending to modernize their systems and 46 percent of those want to opt for IBM's hybrid cloud approach.the"macroeconomic downturn" topped the list of emerging risks facing organizations, according to its report last month.
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