welcomewiki has just posted in the Career forum of Wikipedia New Forum under the title of IT spending: The true story.
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</td> </tr> </tbody></table> <table cellpadding="0" cellspacing="0" width="100%"><tbody><tr> <td class="contentboxhead3" colspan="2" style="padding-bottom: 10px;" align="left">Forecast 2010 </td> </tr> <tr> <td style="padding-right: 10px;" valign="top" width="300">Image: http://infotech.indiatimes.com/photo.cms?photoid=4350473 </td> <td valign="top" width="410"> <table cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td class="more">Image: http://infotech.indiatimes.com/photo.cms?msid=1784493 Mail to friend</td> </tr> <tr> <td class="normtxt" colspan="2" style="padding-top: 7px;" valign="top" width="100%" height="250">According to Forrester, IT outsourcing was weak in 2008, with 2.8% growth as the economic uncertainty froze potential clients increased competition and small-scale projects cuts prices. The recession made prospects wait to see if the prices would go further down.
Similar forces are expected to continue to affect the IT spending in first-half on 2009. However, revenues will start improving in 2010. Growth in 2009 will be small but positive. It is likely to improve to 6.8% in 2010. </td></tr></tbody></table></td></tr></tbody></table>
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