Vanson Bourne have released details of a new survey into the IT industry.
The main take aways from the study:
• Over half our respondents reported that their current IT budget is smaller than last year, with an average decrease of 19%.
• Less than a fifth of respondents are enjoying budget increases.
• Within this tiny minority, Enterprise businesses saw budget growth of 31% on average, twice the level of smaller companies we surveyed.
• The worst-hit sector was manufacturing, where 2 in 3 respondents reported an IT budget cut.
I don’t think this tells us anything we didn’t necessarily know, it’s interesting to see the full numbers in the raw.
The full report is below – what are you doing to help your business through this torrid economic time?