
Because even the current president of the United States has heard of the economic crisis, I felt the need to hold a small survey with Belgian customers/colleagues/friends about their vision on what is currently happening.
While it is probably still too early to see significant effects, it’s nice to know what entrepreneurs with a similar activity think and experience.
15 people, all self-employed and active in ICT, send in their responses within the first 3 weeks of November. 5 of them are consultants with a limited amount of clients, while 10 run a company with a larger amount of customers. Because it is difficult to compare their experiences directly, I’ve split up the results:
Feedback of ICT companies on the current economic turmoil.
While the larger companies in this group tend to have a better planned long term vision and the smaller ones state to have none, they do not notice a change in their own business nor act pro-actively. A fairly large part of them notices some effect on their clients. Some doubt about hiring new staff, while others think this is the best moment to do so.
Feedback of ICT consultants on the current economic turmoil.
Although the low amount of participants makes it difficult to conclude anything, the result is aligned with companies with a larger amount of customers. Consultants receive a large part of their income from fixed budget projects and thus are not affected immediately. They also state to never plan ahead more than one year. Their clients, outsourcing companies, expect to see major changes around mid Q1 2009 when the current budgets will be replaced with (less) new ones.
I want express my gratitude to the brief and useful answers that were provided. Thank you all!
Please do not feel offended if I forgot to contact you, but do so if you didn’t answer. Shame on you!
I hope you found this useful: please let me know.