IT spending

The Great Infection is unique among recessions in that it is essentially a self-imposed economic downturn, not the result of over-exuberance or excess optimism or greed, but by a spikey ball of fat that is not alive but is more like a self-replicating biological machine that only knows how to do one thing: Copy itself if it reaches the right sticky environment in time before it dries out and falls apart. …

There are so many annual rites in the IT sector that it almost has the feel of a religion sometimes. …