So it appears we really are pulling out of the recession – albeit cautiously. A new release by IDC says, “there are plenty of positive signs in the market index – the stock market and U.S. economic forecasts are up, inflation remains under control, and even U.S. unemployment appears to have hit bottom," Interestingly, this release also brings up the fact that penalties of not spending are growing each month, “in costs to support older equipment and software, and in lost opportunity to use IT for competitive advantage." So one would wonder then whether there is sort of a buyer fatigue from holding back spend and initiatives that is more compelling than a case of release of budgets resulting from actual revival of the market itself.
It is likely to be both. I hope!