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Computer Economics recently released its annual IT spending analysis, based on in-depth interviews of 200 IT executives. Even as many organizations continue to cut back, others are increasing spending or at least holding level.
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- Approximately 45% of IT executives plan on increasing IT operational spend in 2009. This is far more than the 36% of executives that increased budgets during the last recession in 2002.
- Median per-user spending will rise to $7,284 this year compared to $6,924 last year, after adjustments for inflation. Analysts say this is a reflection of reduction of headcount through layoffs.
- More than half of IT executives - 57.2% - say that their IT budgets are at least adequate to support the business.
- Close to half of IT executives say they will spend less than what is allocated in their current IT operational budget. Only 9% will spend more.
- Approximately 49% of IT executives expect to make further budget cuts, compared to only 25% that said the same in 2007.
- The median organization is spending 1.5% of its revenue on IT in 2009, a number on par with last year’s level.
- Biggest Losers in IT Operational Spending
Discrete Manufacturing: -5.5% Process Manufacturing: -2.5% Retail: -1% - Biggest Winners in IT Operational Spending
Banking and Finance: 4.9% Healthcare: 4.7% Professional/Tech Services: 4%
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