Survey: IT to Play a Big Role in Economic Recovery

Posted 12/03/2009 at 5:53am | by Paul Lilly

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According to a recent survey by Accenture on IT investments, information technology will play a key role in the global economic recovery. Accenture noted that about 72 percent of business and IT execs say their "organizations place greater value on the IT function today than they did before the economic crisis," and believe that IT will prove integral to getting the economy back on track.

"The results of the survey show that firms recognize the need to invest in technology to defend and accelerate their competitive position, even in difficult times, which has not always been the case in the past," said Keith Haviland, Accenture's Global Managing Director for Systems Integration Consulting. "The turmoil over the last 18 months has underscored the need for further flexibility and scalability to stay ahead in business and drive agile business change."

Many execs said they expect technology spending to increase in their organization either selectively (47 percent) or across the board (10 percent) in the next year. Perhaps more surprisingly, around 61 percent of the non-IT executives pinged said they expect IT spending to rise.

Image Credit: ameinfo.com