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When the economy starts to slide, the easy option is to cut back, rather than invest. After all, every cost saved goes straight to the bottom line, every amount invested will be subject to tighter scrutiny, and even new revenues generated are subject to a decision on acceptable margins. Many costs with this sort of investment vary wildly from energy and transportation, to commercial property values, currency fluctuations and interest rates. One area that has not increased but has fallen dramatically over time is the direct costs of IT and telecommunications, at least bit for bit in hardware in terms of processing power, storage capacity or transmission speeds.

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Format:PDFSize:126 KB
Date:Aug 2008
Pages:2
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