Here are a few good reads on the impact of the fiasco with some snippets below:

Investors.com 

"Hardware purchases will be postponed, software upgrades will be postponed and customer projects will slow. This is not a time for (corporate customers) to take big risks. No big spending decisions will get made."

"Total revenue for the Indian outsourcing market is down 31% this year"

"Disruptions and uncertainty for U.S. financial markets are likely to delay some new software projects until the fourth quarter or next year"

ZDNet.com

"Right now, there are four clear survivors: Goldman Sachs, Morgan Stanley, Bank of America and J.P. Morgan. Tech spending elsewhere may go kaput. "

"Infrastructure consolidation projects will last for years. In IT spending surveys demand for consultants hired by the project remains strong. "

"Project managers will be in demand. Systems integration skills will be critical and you’ll need project managers to consolidate all of those applications and data centers as well as rearchitect systems. "

Ganesh Nagarajan of Zensar.

"The preliminary analysis of the current situation indicates that the impact will be short term and company-specific and though all strategy planners will continue to keep a watch on any further downstream impacts"

Computerweekly

"Tactical software and hardware spending will be hit first, followed by the more-strategic IT services in the long run"

"Software as a service could be a winner from this as could any model where people pay on consumption rather than up front cash"



Yeah, I am lazy!