Whilst the general consensus is that the economic downturn is near bottom, the service sectors are still feeling the pressure. In the first seven months of 2009, more than 200 IT companies declared bankruptcy in Sweden alone (as reported by IT 24 - in Swedish), an increase of 73 percent from the year before.
Now many of these companies no doubt had troubles beforehand; but during the past year we’ve seen an increased engagement of professional purchasing in IT-sourcing. The great divide separating purchasing and IT has been bridged; and due to this fact IT vendors are exposed to healthier competition, which in turn will lead to a healthier IT market for the future.
Advertisement
