Comments on: Analyst Downgrades Savvis, Citing Expenses http://www.datacenterknowledge.com/archives/2008/09/24/analyst-downgrades-savvis-citing-expenses/ News and analysis about data centers, cloud computing, managed hosting and disaster recovery Tue, 14 Feb 2012 04:07:47 +0000 hourly 1 http://wordpress.org/?v= By: marc farley http://www.datacenterknowledge.com/archives/2008/09/24/analyst-downgrades-savvis-citing-expenses/comment-page-1/#comment-778 marc farley Wed, 24 Sep 2008 13:54:49 +0000 http://www.datacenterknowledge.com/?p=3291#comment-778 The analysts views are rightfully cautious. However, a $700 Billion bailout plan doesn't necessarily signal a cutback in IT spending. The impact of the bailout on the IT budgets of financial services companies will be very interesting to watch. The result could be more IT projects moving to managed services at a faster rate. One thing is certain, there will be pressure in the financial community to do things more efficiently. The analysts views are rightfully cautious. However, a $700 Billion bailout plan doesn’t necessarily signal a cutback in IT spending. The impact of the bailout on the IT budgets of financial services companies will be very interesting to watch. The result could be more IT projects moving to managed services at a faster rate. One thing is certain, there will be pressure in the financial community to do things more efficiently.

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