The continued decline of the global economy has led IDC to revise its forecast for worldwide IT spending in 2009. The IDC Black Book now forecasts worldwide IT spending will grow by just 0.5 percent year-over-year in 2009 in constant currency, down form a November 2008 forecast of 2.6 percent growth.

An old Irish phrase that’s meant to be said to friends mentions something about the sun shining on a person’s face and the wind being at his back. These days, you’d almost want to change that to his job being secure and bank accounts being full, and new info from Foote Partners indicates which IT [...]