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Veritas Study: IT Execs Flying Blind: Page 2 of 3

By way of explanation, the report notes that U.S. corporations have been more deeply affected by the sour economy. In the U.S., 32 percent of respondents have seen a decrease in the size of their company, compared with 17 percent in EMEA. In the U.S., 48 percent of companies reported having had layoffs, compared with 31 percent in EMEA.

"The U.S appears to have been hit harder by the recession in terms of decreases in number of employees... when compared to EMEA," says Veritas spokeswoman Stephanie Graves Xavier.

But the report does conclude that American businesses have overbuilt their storage and server capacity for their current needs, compared with their counterparts in other countries. Perhaps we can ascribe this phenomenon to the excessive appetites in the New World?

Note, however, that Veritas -- the exclusive sponsor of this research -- has a vested self-interest in promoting the notion that companies should spend more on software to make the best use of hardware they've already acquired. Veritas sells software that's supposed to allow administrators to get a better window into what's running in their data centers.

The Dynamic Markets study, "Corporate Issues Associated with an Economic Upturn: A Comparison between the USA and the EMEA Region," was based on interviews with 101 executives in the U.S. and 603 in the U.K., France, Germany, Spain, Italy, Sweden, Switzerland, Benelux, and South Africa.