| Poll |
The US economy is likely to be in a recession for a while. How do you expect this recession to affect the demand for data mining / analytic software and services in the US and worldwide?
[113 votes total]
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Significantly reduce demand (13) |
12% | |
Slightly reduce the demand (32) |
28% | |
No significant change (30) |
27% | |
Increase the demand (38) |
34% | |
John Elder, Recession and Demand
Elder Research is, somewhat unexpectedly, experiencing a strong increase
in demand for data mining. This is unlike the last recession where
companies slashed from their budgets anything not perceived to be needed
immediately. I hope it is because it is better understood now that the
ROI (return on investment) of data mining actually makes it a great
investment even in leaner times!
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