Author: Cath Jennings Originally posted on 1/13/09 at: http://www.computerweekly.com/Articles/2009/01/13/authors/articleauthor.aspx?liArticleID=234171 The global recession and how to cope with it will inevitably dictate the business and IT agendas during 2009. While the general consensus is that IT budgets are likely to remain relatively flat overall, circumstances will vary from industry to industry, with sectors such as financial services and travel being hardest hit. Government and utilities will see investment remain relatively buoyant. Gartner indicates that, although 46% of CIOs believe their budget will increase, 21% expect expenditure to fall and a further 33% anticipate that there will be no change. Mark McDonald, global vice president of executive programmes at Gartner, says: "Some companies are going through large budget declines, while increases are very modest, which is holding the overall number down." Nonetheless, many IT organisations are already shelving nice-to-have, discretionary projects and getting rid of costly on-site contractors, while at the same time adopting a somewhat longer-term, wait-and-see approach.
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