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I.T. Spend is Back for 2010
Meeting set to discuss I.T Spending and budgets in 2010
The recession felt globally has changed the priorities in IT. One of the key changes has focused on cloud options and if investments into internal data centers is really the path forward. “2010 will bring increased spending as we begin to see the light at the end of the tunnel, however budgets will continue to remain tight, spending the right money in the right places will make the difference” state the conglomerate of leading CIO’s attending the CIO US summit lead by Jan Bertsch CIO Chrysler and James Haney, VP IT at HARLEY DAVIDSON INC.
Spending took a dramatic fall in 2009 compared to that in 2008, but conservation of funds will mean that 2010 will be the year to push forward and implement new and ever evolving technology.
Those technologies, which saw the most capital investment, focused on lowering operating costs, increasing productivity and streamlining the business processes. This has lead to projects such as server virtualization laying the groundwork for more strategic IT initiatives creating a building block for cloud methodology. 2010 can finally see the move from cutting IT spending to investment into business growing technology.
Budgets have been tight and spending capped but the new year brings new opportunities, barring an economic relapse 2010 is poised to move forward opening the way to new projects and the implementation of new technologies. Company savings and forward thinking business can be one in the same promising growth and innovation throughout the year.