Give Infosys a break
Having petty stories, like this Infosys visa issue, being blown up in the media is only causing negative emotions and xenophobia to be stirred up needlessly in this year’s political melting-pot. We operate in a global business climate these days, in case anyone hasn’t noticed… it’s time to embrace and compete, not resist and fall further behind.
2Q12 Performance for Trident Capital’s SaaS Portfolio; the Importance of Accurate Metrics Prediction
In recent weeks Lazard Capital Markets, Piper Jaffray, Morgan Stanley and Pacific Crest issued the results of their most recent CIO surveys. The results point to decreasing IT spending during 2H12, mostly because of the worsening global macroeconomic environment. This is a reversal from survey results we had seen during 1Q12 when most CIOs felt optimistic about the US economy and were increasing their spending. Despite the deteriorating sentiment, all four surveys indicate that the budgets for cloud computing projects in general and SaaS applications in particular are expected to remain untouched, and may even increase, as corporations continue to…
