Bold 2009 prophesies

31.12.2008
There's no shortage of forecasts for the coming year. We've compiled a slew of predictions -- including the idea that some unemployed IT pros may soon turn to life of . That particular nugget comes from security vendor Finjan. While it's no stretch to say that cybercrime will rise in 2009, Finjan put a spin on its prediction, saying the growth will occur "with an increasing number of unemployed IT professionals joining in."

Meanwhile, an increase in unemployed IT pros seems inevitable, according to the latest by CDW. Among 1,059 IT decision-makers polled between Nov. 10 and Nov. 17, 11% said they expect staffing decreases in the next six months, compared with the 5% who reported the same expectation in October.

IT budget cuts, too, are in store, according to several sources. Perhaps the most dire spending prediction so far is that of Citi Investment Research, which is forecasting that U.S. corporate IT spending will 10% to 20% in 2009.

The fallout from such restricted IT budgets will include the unraveling of , predicts , senior consultant at Cutter Consortium.

"At the risk of offending Web 2.0 enthusiasts, most firms, especially those hardest hit in this recession, consider social networking speculative and in some cases frivolous. To engage in speculation and innovation requires some staff time and some extra cash," Kellen says. "My guess is that many of these projects have been put on hold and related staff have been reassigned or let go. Only the few strong ROI social networking and Web 2.0 projects will continue."

Another casualty of the poor economy will be capital spending among service providers, which may decrease by more than 10% next year, potentially crimping the sales of major IT equipment vendors, according to investment firm .