Now that most of the major investment banks and sundry financial services firms have either evaporated, transformed, or been absorbed by other companies, an untold number of vendors in fields ranging from business intelligence to cloud computing are sadly waving good-bye to many of their prime customers. “For some vendors it’s undoubtedly going to be very painful,” concludes Andrew Bartels, a research analyst at Forrester Research.
Financial Crisis: The Tech Innovations at Risk
September 30, 2008