Five Things To Expect From Cuts In CIOs’ Tech Budgets Due To COVID-19

For CIOs, trying to manage IT spending in a world upended by COVID-19 is like driving at night with headlights that dim unexpectedly: suddenly you can barely see the road in front of you and beyond that everything is completely obscured.

Economic forecasts make for scary reading. Goldman Sachs is now predicting a 6% quarter-on-quarter drop in U.S. GDP in the first three months of the year and an unprecedented 24% decline for the second quarter. Previously Goldman had forecast a 5% decline in Q2. Other forecasters are also becoming much more bearish.

Read Further

Request to Join

The ETR Community is an exclusive group of IT decision makers. If you have purview over the tech spend in your organization, please fill out the form below to see if you qualify to join the ETR Community. Ready to jump in quicker? Applications with LinkedIn links included are able to be reviewed more quickly. Thank you!
Name(Required)