UK IT budgets under pressure in 2012

UK IT budgets will remain flat in 2012, a worldwide survey of more than 2,500 IT professionals has revealed.
The Computer Weekly and Tech Target survey, which had responses from more than 200 UK senior IT professionals, showed that IT spending in Europe has been hit harder by the recession than spending in the US and Asia.
In the UK, 50% of IT professionals said their IT spending would either decrease or remain the same in 2012. Nearly 40% of UK IT professionals said their organisations are recovering slowly from the downturn, and 30% said they are still struggling.
IT investment
Despite the tough economic conditions, some 38% of IT professionals expected their IT budgets to increase in 2012, with 21% expecting an increase of 5% or more.
“I think what you are seeing now is the realisation from some IT departments that they can’t delay spending any more,” said Ovum analyst Roy Illsley, commenting on the research findings.
“Some people have really cut back too far, and others realise if they make investments now, that would make them more agile when the upturn comes,” he added.
To read the full article in computerweekly.com please click here.

