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Recession ahoy !

Here's a couple of stories to ponder, while we consider whether we are in the middle of a recession, economic blip or dead-cat bounce…

• According to The Times newspaper (in a report by Jill Sherman, Richard Ford and Frances Gibb)… there is a memo floating around the UK's Ministry of Justice (aka the old Lord Chancellor's Department) proposing that the department can save £49.3 million by cancelling an electronic filing and document management system intended to cut paperwork and manage cases in the family and civil courts. (This would be the same case & document management system the courts have been waiting for since the 'Woolf' civil justice procedural reforms were first mooted in the mid-1990s.)

• And, according to the research consultancy Gartner… global IT spending will drop in 2009, with hardware sales down 4%, telecoms
growing by 3.9% and software increasing by a mere 8.6%, compared with a 13.5% increase this year. IT spending in North America will climb a by 0.5%
compared to a previous forecast of 5.3%, Asia Pacific will see IT spending increase by 8.3%, down from an earlier 11% growth prediction, and in Western Europe IT spending will drop 0.8% – whereas Garner had previously forecast spending to grow 2.8% in this region.

One reply on “Recession ahoy !”

Shock!!
…Well there we go …
The UK's Ministry of Justice can save £49.3 million by cancelling an electronic system – but indirectly spends millions in “banking investments” (it's actually all the same – our – budget; NHS and our blessed armed forces will be next to be cut …)
Actually, given Government IT projects ROI, the £49.3M is about about £4.93 in real deliverables.
Of course, I suspect they've no idea what the current inefficiencies cost them (us) every year…
Short termism, as usual.
They could almost be a professional law firm. They can only look so far ahead; it's all about IT 'cost', never investment…
Hardware/Telecoms/Software spend down!!
Good … invest in leveraging and making use of the the stuff you have.
We may have 1000 jobs lost in the legal industry by Christmas?
I do feel sorry for the people who are affected, but get a grip … Manufacturing at Longbridge lost 5000 in a week with almost no warning.
I don't recall the legal profession ever being made a charity…
PEP may go down, but tough shit!
Live with it. Or off your savings …
Oh? you spent it on another new Porche?
Tough Shit again!

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