By John Mark V. Tuazon, Computerworld Philippines | Jul 3, 2009

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In a report entitled “Can Green IT Bloom in an Economic Downturn?,” Datamonitor said that due shrinking IT budges across the globe, investments in green IT are currently being driven by legal compliance and cost savings, effectively causing a paradigm shift to IT solutions that are both green and cheap.

This significant change in outlook, Datacenter predicts, bodes well for green IT vendors, but only if they forge more efficient and greener IT solutions in order to satisfy the change in ROI (return on investment) requirements of companies, whose budgets are becoming more restrained as the economy remains at a standstill.

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