Technology Spending On The Rise

securitas writes "After the technology industry's so-called nuclear winter that has resulted in thousands of lost jobs over the last three years, the New York Times' Steve Lohr reports that technology spending is finally increasing (Google / mirror). Much of the investment in hardware and software is spurred by the natural corporate replacement cycle, but the positive change offers a glimmer of hope for techies everywhere. IBM CEO Sam Palmisano says that IBM plans 'to add 10,000 workers in fields of emerging demand over the next year.' Based on IBM's current Linux advertising campaign and market projections, this will probably mean hiring staff who are knowledgeable about Linux and open source software. Is this just a blip as some analysts believe, or is it the beginnings of a resurgence for the technology sector?"

Comments

Dang it......

[Kenja]

Stop spending money and give me a job you corporate bastards!

Sorry, sorry. That's just the government cheese talking.

Re:there's no new tech compared to nineties intern

[Gherald]

flying cars? faster than light travel?

Computers fast enough to run Java without flinching?

Re:Well, what's the average desktop life?

[EverDense]

Basically, comptuers are getting too fast. Untill someone comes up with the next absolutly killer app that requires tons of horsepower, I think that we'll see computer sales and replacements stay low (except for CAD, video editing, and other horsepower intensive stuff).

Don't worry, Longhorn is in the pipeline. Honest!