DanM

Five Signals the Tech Slump Is Nowhere Near Over

I agree that the tech slump will continue, but disagree with the reasons.

So much of tech is bought because they have the budget for it. In big companies, often its a use it or lose it scenerio and buying technology provides an excuse to exist. The large r issue is we're hitting pinnacles in certain technologies where the gains are minimal and simply do not warrant the expense of money and time. Technology, over time, should allow a company to hire less people to get the same results so I disagree that headcount reduction is a sign of the prolonged tech slump. Its more likely managers are starting to ask for a ROI on such investments and simply not seeing it.