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IT budgets enjoy 2010 spending increase

While a third of businesses are expecting increases in their IT budgets for this year, analysts are not predicting a full scale recovery
Written by Tim Ferguson, Contributor

This year will see IT spending rise for the first time since the global recession took hold, although a full-scale recovery is unlikely in the short term, analysts have predicted.

Around a third of businesses expect their IT budgets to increase in 2010, according to a worldwide survey carried out by analyst house Ovum.

Ovum is attributing this positive prediction to a general sentiment that the global economy is showing signs of recovery.

For more on this story, see IT budgets are on the rise - but don't expect a full recovery by silicon.com

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