TIP expects spending increase in 2H '09

July 21, 2009 -- On the eve of earnings for many major vendors, TheInfoPro (TIP) research firm is predicting a second half increase in technology spending.

According to TIP's customer research, which is based on interviews with thousands of Fortune 1000 and medium-sized enterprise end users, IBM, EMC and NetApp have been most affected by the tech spending slowdown of '09.

TIP claims that the best performing vendors have been those that compete on price or base their pitch on return on investment (ROI). CommVault, Data Domain and HP all fall into that category.

On the networking side, TIP predicts, "Cisco and Juniper will benefit from pent-up demand for increasing network capacity and performance, which will result in higher network equipment spending once economic conditions improve. Projects with a more immediate ROI will continue to be promoted for the remainder of 2009, benefiting WAN optimization providers such as Cisco, Riverbed and Blue Coat."

Data Domain was slated to release its Q2 earnings this Thursday, but nixed its concall after EMC announced yesterday that it has acquired majority ownership of Data Domain. EMC expects to complete its acquisition of DDUP by month's end and is slated to report its earnings Thursday morning.

Also on deck for earnings this week are Microsoft, F5, Riverbed, Juniper and VMware. Time to sit back, grab some popcorn and watch it all unfold.

Check out TIP's predictions and the firm's latest customer research at www.theinfopro.net.


posted by: Kevin Komiega

Kevin Komiega, Senior Editor
by Kevin Komiega
Senior Editor

Kevin Komiega has been the Senior Editor of InfoStor since 2005. He was previously a senior news writer with SearchStorage.com and held a position as a public relations account executive with Porter Novelli, Boston. Kevin also spent four years running tape backup operations at the University of Rhode Island's Academic Computer Center. He can be contacted at kkomiega@quinstreet.com.

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