Monday's Musings: Will Tech Vendors Without Credit Lines Survive The Financial Crisis?
Let's hope the government finds the most equitable and expeditious solution to the current financial crisis. Without access to credit lines, enterprises lack the financial means to respond to the current economic downturn by transitioning their legacy systems and transforming their business processes. Tech vendors who lack vendor led financing options will be the most vulnerable to this credit crunch. These vendors may find themselves unable to close deals with clients shut out from the credit markets.
Vendor led financing initiatives may prove to be the lubricant that keeps tech spending moving forward. Tech vendors such as Sun, Intel, HP, Microsoft, IBM, and Oracle are best positioned to whether the financial crisis because they have their own financing arms - an important resource which will provide them with such capabilities to extend not only to their customers, but also to their key partners.
Look forward to hearing your views. Where do you think the current crisis will take us? If you've got an idea or suggestion to share, please comment or send a private email to [email protected]. Look forward to hearing your thoughts!
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Copyright © 2008 R Wang. All rights reserved.