Monday, February 16, 2009

What's in Store for IT industry in the first quarter of 2009.

What's in store for IT Industry in the first quarter of 2009

With the calendar showing the date 31st of March, 2009, many corporate professionals and top management of the companies across various industries globally would be interestingly watching for the financial results of various corporates in each sector with an interest and anxiety to know how the companies have faced the first quarter of the tough times.

This intensity would be a bit high in IT industry where the effects of recession are visible. Expert reports from the various firms say, worse is yet to come. This also adds to the curiosity levels on 31st March 2009. The IT Industry performance on average in the first quarter of 2009 means a lot to the professionals in the Industry.

It is also a hard belief that if the Industry survives the first quarter of 2009 with minimal issues or pains, it gives a boost for the rest of the year and also marks a countdown to the tough times. On the other hand if the results are bit off the flavour, many corporates would take effective steps to redefine the services.

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