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Debate on the impact of the U.S. economy on IT services in 2008

December 4, 2007


Impact of US economy on IT outsourcing spending in 2008 to be debated by Everest Research Institute and Bernstein analysts in Dec. 11 Webinar

DALLAS, December 4, 2007 - Information technology services analysts from the Everest Research Institute and Sanford C. Bernstein & Co. will discuss – and debate – the impact of the U.S. economy on IT services spending in 2008 in a one-hour Webinar on December 11, 10 a.m. CST.

Ross Tisnovsky, Vice President of ITO Research at Everest Research Institute, and Senior Analyst Rod Bourgeois of Bernstein Research will offer differing opinions about the potential impacts of a lean economy and IT spending slowdown on IT services. Their topics will include:

  • The case for both pessimistic and optimistic points of view regarding 2008 IT services spending
  • IT services segments most likely to be affected by cyclical changes
  • The lessons learned from prior slowdowns and factors that are different in the current era compared to the past

“There is a deep concern that the economic climate in the United States will impact what and how much buyers will spend on IT services or possibly eliminate next year,” said Tisnovsky. “The most insightful way to analyze the potential impact of a slowdown is take the buyer’s point of view and thereby consider what buyers are likely to do next year under certain economic conditions.”

“Our research suggests the IT services industry today is not as cyclical as it was in past eras. So, we think recent worry among investors about a slowdown in IT services is likely to prove overblown,” said Bourgeois.

The 45-minute Webinar, followed by 15 minutes of questions and answers with participants, will take place on December 11, 2007, at 10 a.m. CST; 11 a.m. EST. To register, please visit: www.everestgrp.com/Webinars.

This Webinar is part of an ongoing collaboration between Bernstein and Everest for the past five years to conduct joint research and share collective findings with industry participants.

For more information about this Webinar or other research services, please e-mail info@everestresearchinstitute.com or call +1-214-451-3110.

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