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Enterprise IT Spending Is on the Decline... Is That Why Open Source is Booming?

Nov 17, 2007, 01:00 (2 Talkback[s])
(Other stories by Matt Asay)

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"Network Appliance's latest earnings report is fascinating. Dan Warmenhoven, NetApp's CEO, reported that enterprise spending is on the wane, with the financial services industry allegedly battening down the hatches and sitting out a soft economy.

"If true, I suppose this is bad news for NetApp and many other enterprise IT companies (though it doesn't seem to have made a dent in Microsoft or Oracle). For open-source companies? It's manna from heaven..."

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