decline. It looks like Central and Eastern Europe
will be hit even harder with a 7. 5 percent decline
due to weak economic outlooks and a volatile
Although Japan is expected to post a 1. 8 percent
drop, the rest of Asia Pacific will grow—just not
as much as initially expected. IDC predicts overall
growth to be 3. 2 percent, down from the company’s
November 2008 forecast of 4 percent. The market is still expected to reach $49.4 billion in
2009, primarily from continued demand for
managed services and outsourcing.
Outsourcing hotspot India is expected to see a
comparatively impressive 5. 7 percent growth, but
executives are still bracing for a bad year. Kris
Gopalakrishnan, chief executive at Infosys
Technologies, told reporters in February that the
Indian outsourcing company expects slow IT services business for the foreseeable future as clients
“This is going to be a prolonged downturn,”
Mr. Gopalakrishnan said. “The feedback we are
getting from clients is that the budgets are going
to be down, in some cases significantly down.”
Latin America will experience a 4 percent uptick
in 2009—with Brazil gaining an impressive 6
percent, but even that’s a drop from the 9 percent forecast in November.
HOLDING THEIR OWN
In the midst of all the glum news, the Middle
East and Africa are posting the strongest numbers,
IDC isn’t optimistic about 2009, but it does predict
IT investments will bounce back soon and return
to normal by 2011 if all goes well.
“While the outlook for 2009 is now worse
than we thought [in November], we still expect IT
spending to recover somewhat in 2010 and gain
momentum,” says Steven Minton, IDC. “Once the
economic issues resolve themselves, the IT
recovery should happen pretty quickly.”
seemingly impervious to the recession. Both are
showing an enviable 8 percent projected growth in
2009, down only slightly from the November
forecast of 8. 5 percent.
“The Middle East and Africa are holding
their own because they still have governments
continuing to invest in technology for long-term
modernization despite the current economic
situation,” Mr. Minton says.
There are also sectors and specific kinds of IT
projects that are likely to fare well, including
security, storage management, virtualization or
any initiatives that show cost savings.
“Companies won’t pull back from projects
that are saving money,” says Mr. Minton, “so
getting attached to these kinds of projects is a
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