The outlook for 2013 calls for another year of sluggish recovery. Underlying the forecast is the looming fiscal cliff crisis, recession in Europe, and uncertainty about polices in China under a new leadership. Because of the lack of clarity, IT executives with large organizations are bracing for a slowdown. They are reducing capital spending and maintaining IT operational expenses at current levels. Smaller organizations are more bullish, but are prepared to take action if necessary and showing a reluctance to begin hiring.
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