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  The 3-Year Hardware Upgrade Cycle: Is It Over?
Time: 19:04 EST/00:04 GMT | News Source: NewsFactor | Posted By: Guillaume Hébert

Analysts and industry insiders agree that since the beginning of the current recession in the United States, there has been a general reduction in IT budgets and spending. That has caused a parallel slowing of the rate at which businesses are upgrading their computer hardware. CEOs and chief information officers (CIOs) alike have been forced to reorder project priorities, make start-to-finish cycles shorter, and evaluate more stringently than ever whether to keep old hardware or replace it. "I certainly admit that a lot of users are taking another look during this economic downturn when budgets are tight," Meta Group analyst Rob Schafer told NewsFactor. "They're saying, 'Where can I squeeze out a few pennies?'" Schafer said. "Whether it's servers or disk storage, they're asking, 'Do I have to refresh this every three years?'"

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