IT 'too crucial to cut'

Businesses are not planning to reduce spending on technology because it is too essential to their operations, it has been claimed.

Gerry McLaughlin of contractor website said that technology had been seen as a cost in previous recessions but this view has now changed.

He explained that IT is now perceived as a crucial business function and has demonstrated that it can also bring about spending reductions.

"In the new information age, access to business information is seen as the biggest differentiator and companies didn't want to come out of recession a couple of years behind their rivals in terms of the software components of their products and services," Mr McLaughlin added.

Earlier this year, a report from BCS, The Chartered Institute for IT, revealed that 62 per cent of its members believe the government should boost investment in technology.

A similar proportion feels that IT is improving the delivery of public services.

Posted by Christopher Evans

Published on: August 26, 2010

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