September 12, 2008

Report: IT spending to drop, but Red Hat and Oracle to clean up

Goldman Sachs has delivered some bad news for IT vendors.
In its "Independent Insight: U.S. Technology Strategy" report released Monday, Goldman Sachs predicts that IT spending growth in 2008 will drop to 4 percent from a former projection of 6 percent and that pricing pressure on vendors is going to get worse.



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