Tough year ahead for IT industry, warns OECD
Posted in: Internet Use/New Technologies at 05/01/2009 05:43
The economic downturn will hit the Internet economy hard in 2009, according to the latest available OECD estimates.
The IT Outlook 2008 says that the IT industry is likely to have grown by 4% at most in 2008 compared to the previous year. But with the outlook for the global economy worsening and business and consumer confidence plumetting, growth will remain flat or decline in 2009.