The impact of Global Economic Meltdown will have couple of very significant effect on the It and software Industry:
1.0 More Telecommuting and VPN will be embraced.
2.0 Managed Services will be wide spread
3.0 More Software Development will be outsourced.
4.0 More Technical Jobs will move to India/China.
5.0 Web 2.0 will be embraced aggressively
I think the middle management in Post industrial economy will be brutally reduced.
These are my personal opinion.
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