Published Date Nov 18, 2022

YAHOO FINANCE: IBM Sees Tech Spending Growth Unless a ‘Catastrophic Recession’ Hits

Unless there’s a “catastrophic recession,” corporate spending on technology should continue to increase, Krishna said Thursday during an event hosted by the Economic Club of New York. “As I talk to CEOs and CIOs across the globe, almost none of them are talking about cutting down technology spending,” Krishna said, adding that one point of caution is whether western Europe goes through a “major energy crisis.”

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By Brenna Moses

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