With global enterprises resuming IT spends and project pipeline improving, all eyes now on large deal conversions
Andrew Bartels, Vice President and Principal Analyst at Forrester Research believes the US downgrade will have a significant psychological impact on the global business environment, especially, the IT sector.
International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.