Enterprises in the UK are among the most pessimistic in the world about their IT budgets, although nearly a quarter still plan to increase their budgets this year, according to new research from Datamonitor.
The analyst firm surveyed IT decision makers from 14 countries late last year to understand how enterprises are reacting to the global economic crisis, and to gauge their confidence levels.
Across all of the 14 countries surveyed, the percentage of IT decision makers who planned to decrease their IT budget significantly in 2009 rose from three to eight per cent over the past six months.
However, the survey found that confidence in the UK, France and Italy is lowest, and that the proportion of respondents who were planning to decrease their IT budget outweighed those planning an increase in 2009.
Some 26 per cent of UK respondents said that they planned to decrease budgets, while 24 per cent said they planned to increase budgets.
But there are still opportunities for technology vendors to make hay, according to Datamonitor analyst and report author Daniel Okubo, as long as they understand enterprise requirements in a downturn.
"Enterprises are more interested in raising efficiency than cutting costs," he explained. "Technology vendors should tailor their sales and marketing to address the specific needs of the enterprises they are targeting, while taking into account the economic conditions they are operating in."
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