Articles
Despite Lack Of Bailout Money For SMBs, Now Is The Wrong Time To Stop Innovating In IT
November 24, 2008
Click Here To Download:•Guest Column: Despite Lack Of Bailout Money For SMBs, Now Is The Wrong Time To Stop Innovating In IT
By Jerome M Wendt and James Koopmann,DCIG LLC
As small and midsize businesses (SMBs) take a look at the worsening economic crisis and begin to understand how it impacts them, reality is starting to set in. A recent survey reports that nearly 80 percent of SMBs are not convinced the U.S. government's $700 billion financial bailout will help them. Furthermore, SMBs' purchasing power is being drastically altered, which will undoubtedly cause ripple effects throughout the economy. Case in point, the reluctance and abrupt spending halt of SMBs has impacted SAP -- causing SAP's third-quarter earnings to tank. This has already prompted SAP to implement financial help and discounts on its software that is explicitly intended for SMBs.
Click Here To Download:•Guest Column: Despite Lack Of Bailout Money For SMBs, Now Is The Wrong Time To Stop Innovating In IT
