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Corporate IT Spending Outlook:Slower Going for IT Spending - But the Recovery Continues

ChangeWave
August 26, 2009
13 Pages - Pub ID: CHWV2422427
 
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Overview: Last quarter we saw corporate IT spending in the process of rapidly stabilizing. Our current ChangeWave survey shows the rate of recovery is slower this quarter - but on the positive side things are still continuing to improve and there are signs of a bigger uptick in store for 1st Half 2010. A total of 1,801 respondents involved with IT spending in their organization participated in the August 10-19 ChangeWave survey.

Steady 90 Day Outlook: Looking ahead, 18% of respondents report their company’s IT spending will increase for the 4th Quarter - a 3-pt improvement since our May survey. However, one-in-four respondents (25%) still say that their company’s IT spending will decrease (or there will be no spending at all) - which is 1-pt worse than previously.

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