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Software Safety Zone

Vendors bucked the bleak economic trend in 2009 and are well positioned for survival.

September 3, 2010

It may comfort CFOs who sign off on technology expenditures to know that, regardless of the recession, software vendors are likely to be stable, healthy, and good bets for survival.

While it is perhaps no surprise that the software sector, with its potential for delivering efficiencies to customers, would perform relatively well in dark economic times, it was hammered with losses in 2008, the first year of the current recession. But in 2009, when most industries were at their nadir, the sector achieved a remarkable recovery that is continuing this year. Read more...

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