



Even if IT spending is expected to rise slightly this year since the global crisis, normalized levels are still not expected to come back in 2010 as CIOs only see the budget rise as a means to make up for losses in the previous years.
Monitoring consumer behavior during these uncertain economic times is crucial. Financially insecure and nervous individuals have a myriad of options available to them, but are fearful and unsure of what steps to take. This said, the downturn presents opportunities as well as challenges for Financial Services (FS) providers.
Rudolf Gunz, head of global competency centre, SWIFT and Banking Solutions at SAG Software System, discusses the financial crisis of 2008-2009 and its impact to the global market. He cites how regulators have failed to curve the excesses of the industry resulting in the failure cascading to all sectors of the market. He explains his view of profits are privatize but losses are socialize.
In a recent survey conducted by (ISC)2, it was found that at least half of information security professionals received a pay increase in 2009, defying common conceptions that firms have tightened their belts across the board during the recent crisis.
After the debilitating financial crisis of 2009, are companies starting to get the ball rolling on innovation, which has taken a far back seat last year to pave the way for business-saving financial measures?
Majority of ICT companies polled in a survey conducted by the Singapore Infocomm Technology Federation reveal that they expect their businesses to grow in the next year, with more than half of the companies expecting growth between five to twenty percent.
IBM has issued layoff notices to more than 400 workers, according to the Alliance@IBM/CWA Local 1701, an employee organization that has been the principal source of layoff information at the company.
One of the online scams that MessageLabs Intelligence took a look at recently was how the advertised price per 100 mg of the medication used to treat male impotence and commonly exploited in spam messages has changed over the past year and how the spammers may have been affected by last year’s financial crisis.
IT budgets is predicted to rise by 1.3 percentage points this year, up from a devastating 8.1 percentage-point decline in 2009, data from analyst firm Gartner revealed Tuesday.
The Singapore Government will extend the financing schemes under the Special Risk-Sharing Initiative (SRI) and the enhancements to existing financing schemes, which were introduced during the economic downturn, for another year.



