News Stay informed about the latest enterprise technology news and product updates.

HP and Accenture have double digit declines in 2009

Gartner’s latest report about the IT services market revealed HP and Accenture were the hardest hit by the slowdown in spending.

HP revenues declined 10.4% in 2009 and Accenture’s dropped 11.8%.

Apparently companies offering outcome based services, in other words being charged for results rather than services consumed, did a bit better than the average.

Was Accenture too expensive and is consultancy something that businesses cut when times are hard? And is HP suffering from the fact that its EDS business, as it was,  is being changed beyond recognition.

Interesting times ahead.

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.