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Home > SOA News > Goldman sees hard times for software |
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TITLE: Goldman sees hard times for softwareDATE: 04 Dec 2007 SOURCE: InternetNews.com URL: http://www.internetnews.com/bu... Editor's Summary: Financial analysts at Goldman Sachs Group Inc. issued a warning Tuesday that the software industry will face some hard times in 2008 as overall economic growth slows in the U.S. and IT departments cut their budgets. The outlook was especially bleak for pure play vendors as Goldman analysts expect IT purchasers to go with "good enough" tools that are part of the major vendor's suites.  FULL STORY |
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