Wednesday, October 09, 2002

Everyone agrees: it's a tech buyer's market. Earlier this week, Gartner CEO Michael Fleisher told 5,000 IT executives at the Gartner Symposium ITxpo that if they are planning to buy anything, now would be a good time to do it. "This is, quite simply, the best market ever for technology buyers," said Fleisher. While pointing out that the IT industry is suffering from overcapacity and the absence of any "killer application" on the horizon, he forecast that "there is essentially no chance for a tech recovery in 2003." He also predicted that 50% of all technology brands will disappear by 2004. CRN has more details on Fleisher's talk.

Along the same line, Dylan Tweney, writing for Business 2.0, announces the death of the million dollar software deal.

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