RBC/Changewave did a survey of IT managers. Not surprisingly, spending intentions are dropping as the economy weakens. An interesting chart from the report:
Note willingness to spend on SaaS solutions has dropped to its lowest level since they began the survey. Salesforce.com (CRM), the poster child for SaaS, may be in for a rougher environment.
The Skew: Pretty sure I’m going to be a short-seller of CRM soon.