economic crisis

economic crisis - News, Features, and Slideshows


  • ASB keeps jobs at home

    ASB has stated it will not be joining the movement to offshore any of its banking operations or roles, including its call centres.

    Written by CIO New Zealand staff05 April 09 22:00
  • Bank on bad times, say analysts

    Gartner has slashed its forecasts for spending on information and communications technology for the second time in three months.
    Adding to the gloom surrounding in the information technology sector, Gartner predicted IT spending in Australia and the Asia Pacific region would decline from US$520.5 in 2008 to US$509 billion in 2009, a fall of 2.2 per cent.

    Written by Julian Bajkowski31 March 09 23:00
  • Cut from the middle

    Although much of the public gaze is on blue-collar workers losing their jobs, they won't be the only ones to have had their lives upended. Managers, executives and professionals are also in the firing line as the economy free falls and business leaders lose their nerve.
    Recruitment consultants report hearing from unusually large numbers of out-of-work middle managers.

    Written by Leo D'Angelo Fisher21 March 09 23:00
  • Tapping into the business goals of CIOs

    Intermec’s global sales and service senior vice president Mike Wills, says it has been “very dramatic” to see how CIO priorities have changed in the plast couple of months.
    “Without a doubt inventory management and working capital improvement is the number-one priority these CIOs are facing today. Typically, they have a metric scorecard that they run their business by and it i’s everything from customer satisfaction, customer service levels, loyalty and of course the balance sheet metrics.”

    Written by Hamish Barwick18 March 09 23:00
  • Wise up - people count

    At engineering consultants Sinclair Knight Merz, the finance and human
    resources teams have been working to improve their communication with

    Written by Shaun Drummond11 March 09 22:00
  • Virtualisation wars heat up again

    The virtualisation marketing wars that heated up the summer competition among VMware, Microsoft and Citrix, then dampened and cooled with the winter weather, are heating up again.

    Written by Kevin Fogarty04 March 09 22:00
  • Data centre managers forced to do more with less

    Asia Pacific data centre managers face cost containment and staffing as lead issues, reports Symantec in its second annual data centres study.
    Symantec Malaysia managing director Suzie Tan said that the study - 2008 Asia Pacific State of the Data Centre - was conducted by US research firm Applied Research at the end of 2008 from 1,600 responses from 21 countries, with 20 to 25 percent from the Asia Pacific region.

    Written by AvantiKumar22 Feb. 09 22:00
  • Make the most of the hype cycle

    Knowing when to adopt technology by understanding the hype cycle is vital for companies, says Dr Marcus Blosch, Gartner managing vice president, agenda management group.
    “Innovation is one of those things we talk about, but most companies are spectacularly bad at doing it. If you look at most management systems they’re risk averse, so if you’re innovating you want to increase risk because that’s where the new ideas come from,” says Blosch who had presented findings taken from Mastering the Hype Cycle, by Jackie Fenn and Mark Raskino of Gartner at an ICONZ presentation in Auckland.

    Written by Hamish Barwick21 Feb. 09 22:00
  • Five can't miss vendor negotiation tips

    These are tough times for IT. There are less people and resources to get things done, budgets are shrinking and everyone still expects the same levels of service and functionality. Something has to give. With budgets being so constrained it's even more important than ever to get the best value for every dollar spent. Even in this tough, budget conscious, economy there are still some purchases that must be made, services that have to be paid for and maintenance contracts that have to be renewed. So how do you ensure that you are getting the best deals possible from your vendors?

    Written by Martin Ewing17 Feb. 09 22:00
  • IT budget & staffing survey shows bleak year ahead

    The number of CIOs planning budget decreases continues to rise dramatically, according to 208 IT executives surveyed online in January 2009.
    More than half of IT heads (53 per cent) now plan to slash budgets in response to unfavourable economic conditions, up from 40 per cent in a similar survey conducted in October and 17 per cent in the first quarter of 2008.

    Written by Carolyn Johnson15 Feb. 09 22:00
  • Doing better with less

    “It’s not about doing more with less, but rather doing ‘better with less’,” notes John Brand, research director for IT industry analyst firm Hydrasight, on the key issue facing CIOs in the coming year.
    His comments stem from the results of Hydrasight surveys among CIOs across Australia and New Zealand completed in late 2008, in which CIOs shared their perception on their roles, where they are heading in the next 12 months and their barriers to success.

    Written by Divina Paredes14 Feb. 09 22:00
  • Do the maths correctly for cloud computing

    I'd like to address an issue I've heard raised a number of times: That cloud computing, far from saving IT organisations money, actually costs more than providing the same services in-house.
    I hear this most commonly identified as an issue with Amazon EC2, put in this way: A large instance of a Linux server (15 GB memory 8 EC2 Compute Units (4 virtual cores with 2 EC2 Compute Units each); 1,690 GB instance storage (4 by 420 GB plus 10 GB root partition) 64-bit platform I/O Performance: High) costs $.80/hr, or $576/month). A Windows instance is even more expensive: A large instance with Windows Server 2003, Microsoft Authentication Services, and SQL Server costs $3.20/hr, or $2304/month. A like-for-like comparison for a similarly-sized Windows instance sans the additional software is $1.20/hr, or $864/month).

    Written by Bernard Golden14 Feb. 09 22:00
  • ‘Think like a CFO’

    How does your CFO view ICT? What is the best way to get their attention? Richard Paik regularly talks to CFOs across industries as director of finance, Microsoft New Zealand. He shares his insights on CIO-CFO relationships.
    Be key partners: CFOs are feeling a lot of pressure in today’s economy. As the market retracts and companies fight for a seemingly smaller pie, we’re asked to help grow the business, improve productivity and drive compliance, all with fewer resources. CIOs are a key partner in enabling us to be successful.

    Written by Divina Paredes13 Feb. 09 22:00
  • Fail now, succeed later

    For optimum success, encourage failure.
    A contradiction in terms, yes, but Steve Prentice, vice president of analyst firm Gartner, says this is one strategy for enterprises to consider in the current economic environment.

    Written by Divina Paredes09 Feb. 09 22:00
  • Storm clouds with silver linings ahead for CIOs

    The global economic outlook may look grim, however even storm clouds have silver linings, says Andy Rowsell-Jones, vice president and research director at analyst firm Gartner.
    “The good news for CIOs this year is that labour costs and hardware costs will go down,” says Jones. “And CIOs might actually get to spend all the capital budget they’ve been allocated.”

    Written by Melissa Chua and Divina Paredes08 Feb. 09 22:00