Growth and Leverage: How Technology Companies Can Innovate and Thrive in Trying Times

Summary: Despite the challenging times, there are still incredible opportunities for innovators. And technology is the home of innovation. Industry veterans still expect to see significant new disruptive capabilities emerge — both in products and services. Additionally, it is predicted that there will be many interesting new ways of doing business that result from this economic crisis. Yet, it will take more than just being a great technology company to survive in the current environment. Organizations that focus on being a well-run company by identifying new revenue sources and maximizing enterprise efficiencies may well discover that they can deliver more value with fewer resources and thrive in the global economy. Highlights: * Until recently, the technology industry was expected to be significantly less impacted by the economic downturn; however, it now appears that the impact of the global recession was simply delayed, and the industry wasn't immune after all. How surprising is it that it played out this way? * How does the current downturn in tech compare to the crash-and-burn scenario that occurred in 2001? * What do you expect to see either in mergers and acquisitions or in other creative uses of the sector's strong cash position? * Are there any immediate growth opportunities on which tech companies can potentially capitalize? Guests: John Ciacchella, principal and technology industry leader, Deloitte Consulting LLP Eric Openshaw, vice chairman and U.S. technology leader, Deloitte LLP