The economy still sucks and will for some time to come but for IT professionals this can be the best time to buy. Strangely enough, people tend to buy when the market is going up but the best time to buy is when it’s going down. That is not only true for stocks but for anything – including IT hardware, software and services. Naturally there are economic realities - like actually having money to buy things. Make sure you have the cash - sounds obvious but I take nothing for granted after seeing what's happened to this economy. If you have cash in your IT budget now is the time to buy. All of the IT vendors are going to be open to making deals in order to hit revenue targets. You will never have more leverage than during a down economy and this economy is extremely down. Buy value - this is true when investing in stocks or IT solutions. Now is not the time to experiment. Don’t buy something you don’t need or want. Go after core stuff. Also analyze technologies that can really reduce capital and operational expenditure. Naturally, you don’t want to hurt your vendors and make them do unnatural acts (so to speak). I believe that end users and vendors are part of the same community – albeit with some differing objectives – but the relationship is symbiotic – or should be. The cynics think it’s an "us against them" world and while I don't think its a big love fest - it shouldn't be combative. BUT (and it’s a big but) there is plenty of room to negotiate - especially in a down economy.
This is my first blog for the new Contemplating IT site and I am very excited to be back. My previous blog was pretty popular – called Stor Wars – focused on – you guessed it – storage. This blog is also going to talk a lot about storage, data management (which includes backup, snapshots, remote replication, data de-duplication, etc), and of course server virtualization. The mission is to provide information and insight and at the same time try not to bore you to tears. The site has really three blogs and more will probably be coming over time. The main blog (what you are reading right now) is all about contemplating IT; in Tech Soup I give my views of happenings during the week based on the media, analysts, other blogs and vendor stuff; and Blah Systems is a satire of the IT industry that is probably closer to reality than not. I give more background in the About section on who I am and where I have been. Hopefully, beyond any of that – the content will speak for itself. I encourage a dialog – so please comment. In the immortal words of Bob Marley – Say Something!