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3Com sees slow recovery from 2Q letdown
News In addition to the telecom industry's spending cutbacks, the widely-reported PC slowdown could affect 3Com's business in the third quarter, Claflin said. Com is the latest company to blame its woes on a slowdown in telecom spending.
[December 5, 2000, 10:00]
Mid-sized firms see rise in security threats
News In the UK, for instance, 74 percent of the respondents said they had made cutbacks. At the same time, most medium-sized businesses surveyed had frozen or reduced their security spending. Medium-sized companies are cutting their security budgets...
[October 29, 2009, 15:23]
Autodesk execs take salary cuts
News We're pleased we're not losing market share to our competitors, but our overall business is significantly affected by our customers' spending cutbacks. In response to an ongoing revenue crunch, drafting and graphics software maker Autodesk has...
[July 16, 2002, 9:15]
Analyst firm cuts IT-spending outlook for 2009
News With the exception of storage, hardware will be hardest hit by the spending cutbacks, while software and services will be safer, according to IDC. Because of the worldwide financial crisis, the firm expects spending on technology by enterprises to...
[November 13, 2008, 14:06]
Microsoft exec: Tough times play to our strengths
News With a tough economic climate forcing cutbacks in IT spending, Microsoft is already working on honing a message that it can help businesses save money. In an interview on Friday with ZDNet.co.uk's sister site, CNET News.com, Microsoft Business...
[October 13, 2008, 13:29]
Server sales hit the skids
News Spending cutbacks by both home users and businesses have swept across the computer industry, causing an unprecedented decline in PC sales, inventory gluts and price wars. No one we spoke with is currently planning a second-half pickup in spending...
[June 12, 2001, 14:11]
Yahoo! beats estimates but cuts staff
News Further cutbacks in discretionary spending could push total savings to $20m per quarter, but additional expenses could leave an expected net gain of just $10m per quarter. We decided to be prudent and bring our cost base in line, so when the...
[April 12, 2001, 8:15]
CIOs give HP merger the thumbs down
News But the spending cutbacks at HP and Compaq could benefit IBM. Merrill Lynch surveyed 100 US and European chief information officers about their planned spending on information technology. The CIOs said they plan, on average, to reduce spending on...
[March 12, 2002, 9:40]
Cisco latest victim of downturn
News Unlike some of Cisco's rivals, analysts said Cisco is equally strong in sales of equipment to both service providers and corporations, better protecting it from potential cutbacks in service provider spending ahead.
[February 7, 2001, 7:40]
$5bn cut from global financial-services IT spend
News The report acknowledged the UK banking sector is in a dire state overall but singled out life insurance as a particular area where IT cutbacks are expected. European and US banking IT spending will fare the worst with an expected drop of six percent.
[January 13, 2009, 8:02]
Building boom leads to datacentre crash
News Exodus, the leading independent company, was the latest to announce cutbacks, saying Wednesday that it will lay off 15 percent of its work force. In a conference call with analysts last week, Digital Island chief executive Ruann Ernst said her...
[May 10, 2001, 11:04]
Sun and HP enforce holiday to cut costs
News For the most part, declining sales have been blamed for the cutbacks. Like its main competitors, the company has been hit since December by a slowing in corporate spending on expensive servers as well as on cheaper PCs.
[April 26, 2001, 10:27]
IT spending plans are cut after Q1
News Cutbacks by manufacturing and technology companies led to the downward revision, Forrester analyst Tom Pohlmann said. Forrester Research is trimming its technology spending outlook for the year, saying the manufacturing and high-tech sectors are...
[June 4, 2003, 10:47]
Veitch Speaks: When slump comes, spare IT
News Only a Luddite would argue that IT spending should be the first casualty of budget cutbacks. There are only three certainties in life: death, taxes and IT spending, said Computacenter chief executive Mike Norris.
[November 14, 1998, 5:06]
Dell gets top billing with EDS
News With IT spending cutbacks and professional services in a slump, the deal between Round Rock, Texas-based Dell and EDS will help both companies. Dell Computer and EDS will announce on Tuesday an expanded partnership, giving Dell top billing when the...
[October 15, 2002, 7:51]
Yahoo!'s top ad exec jumps ship
News blamed the shortfall on the weakening economy and cutbacks in marketing spending among its customers. Just a week after its chief executive bade farewell, Yahoo! on Wednesday said that Anil Singh, who led the Net giant's advertising and marketing...
[March 14, 2001, 13:16]
Telco building blocks save on research
News Instead, the norm has been draconian cutbacks in spending, as much as 20 percent, by telephone carriers and large corporations. Chipmaker Intel and equipment makers Hewlett-Packard and Alcatel have come to Supercomm in Atlanta to offer a solution...
[June 3, 2003, 14:48]
Yahoo! sings Duet's tunes
News The company has been under tremendous fire because of slipping revenues from cutbacks in online advertising spending. unveiled a partnership on Thursday with Duet, a joint venture between Universal Music Group and Sony Music Entertainment, to...
[April 5, 2001, 16:20]
HP OpenView initiative takes management to next level
News Despite the spending cutbacks in IT, OpenView has continued to see double-digit growth. Hewlett-Packard, as expected , took the wraps off of its new service provider strategy this week -- and backed up the initiative with enhancements in 11...
[June 14, 2001, 10:26]
UK companies put ERP on hold
News Only 29 percent were not experiencing any cutbacks in the area, while six percent were increasing investment, said the NCC, a not-for-profit organisation that provides advice to IT decision makers. Nearly one-quarter of the 100 businesses surveyed...
[November 9, 2009, 13:02]
