IT Companies Expect Bigger Workloads and Smaller Budgets
In a survey of IT Directors, discovered that, of the two thirds whose workloads are expected to grow, fewer than half anticipated bigger budgets to undertake them. Almost half of IT Directors, in other words, have significant concerns about being able to complete their workloads to budget – a figure which compares to under a fifth for last year. data suggests that, since 2009, the gap between the actual cost of IT work and the resources available to deliver it has been growing.
noted that this is the second consecutive year in which budgets have contracted in relation to workload demands, adding that, at a time when projects which were shelved during the recession are being revived, budgets as things stand simply won’t be able to cope with the workload demands.
One of the consequences, the research indicates, is that many outfits, from blue-chip FTSE 1000 companies right through to SMEs, are likely to have to shelve IT projects. Personnel are being asked to do ‘more with less’ – an uncannily similar requirement facing the IT contractor last year just before jobs were cut. The one ray of sunshine in the midst of this gloom is that cost-cutting measures related to the recession are coming to an end and companies are genuinely looking to invest, a trend which should percolate through to IT budgets eventually. Let’s hope that ‘eventually’ doesn’t mean ‘too late.’
