This IDC Presentation offers guidance to CIO and other IT decision makers on surviving in the downside of the commodity cycle — how to make good choices after the bubble burst. This Presentation is a follow-up to IDC Canada's recently published Oil Price Crunch: How Will the Canadian Energy ICT Market Respond to "Lower for Longer" Oil Prices? (IDC #CA41032416, forthcoming).
This Presentation contains three components. First, it recaps the economic environment that we're now confronted with. Second, it provides short-term, medium-term and long-term guidance by hardware, software, services, communications, and internal staffing. The final section notes IDC Canada's advice for "what to do and what not to do" in this crisis.
The market has changed, and successful CIOs need to embrace this fact to succeed in this tougher landscape.
Collaborative applications, Financial resource management, Global IT and economic markets, Human capital management, IT consulting services, IT education and training, IT maintenance and support, Infrastructure as a service, Outsourcing engagement services, Platform as a service, Software as a service