The current economic gloom has taken a toll on us. With economic growth rate expected to be sluggish in the States, countries with economies tightly coupled with States are not expecting strong robust growth. The NASDAQ composite index is taking a roller coaster ride every now and then, compounding the current gloomy situation. As a result of this bleak economy outlook, trade figures plummeted, investments (more specifically IT investments) are being shelved and consumers are tightening their spending belts.

Nevertheless, there is a need to highlight that technologies enhance our capabilities in completing tasks. The volume of data in current frame of business operations is being generated at an exponential rate. Apparently, there needs to be in place an IT infrastructure to organize these voluminous data into useful information for effective managerial decision making. IT infrastructure being the basic building block of firms' Information System plays a strong supporting role and thus IT infrastructure investments should not be shelved.

Firms should make full use of this lull period to re-examine their strategies and continue to build up their necessary IT infrastructure capabilities. By doing so, these firms would not be doing "catching-up" on competitors when the economy recovers, but instead these firms would have established a first-mover advantage.