Steve Ballmer pessimistic about IT spending

Microsoft's CEO Steve Ballmer thinks corporations' IT spending will not return to pre-recession levels.

Microsoft's CEO Steve Ballmer thinks corporations' IT spending will not return to pre-recession levels.

According to the Washington Post, during a speech in South Korea, Steve Ballmer described the economic events of the last year as "once in a lifetime."

Ballmer said IT spending is unlikely to fully recover.

"While we will see growth, we will not see recovery," he said.

Ballmer said CEOs have much more tightly constrained IT budgets.

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more on Business applications

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.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close