The most difficult and worrisome year the tech industry has had to face since 2002 has just ended. What can we expect as we stumble, blinking and bewildered, into 2009?

By Danny Bradbury

2008 was a turbulent year. Two important elections, roller coaster oil and energy prices, and the biggest financial crisis of the past century have left the IT markets (like many others) bewildered and nervous. This year more than ever, IT professionals will be eager to know what the pundits think is likely to happen over the next 12 months. Backbone questioned a variety of analysts and industry figures to get their perspective on the coming year.

1. IT spending: expect a buyer’s market in 2009

2009 will be a year of pronounced winners and losers, said Andy Woyzbun, lead analyst at London, Ont.-based Info-Tech Research. Those organizations that have left themselves vulnerable will be weakened by the financial constraints in the market. Others that are more able to absorb lower pricing requirements and a reduction in credit will be in a position to take customers away from the weaker firms.

For complete article, click here.