01/04/2011
The budgets set for IT (including recruitment) by companies are at their highest for 18 months, according to Works Management.
That was the resultant theme of a recent student undertaken by an independent IT firm, Spiceworks, which found that amongst 3,000 small or medium-sized businesses (SMEs) in the UK, IT budgets had grown by eight per cent.
This is positive news for the economy, IT sector and businesses in general; meaning companies are experiencing increased confidence and a greater willingness to invest back into their firm's future.
However those who are keen to upgrade their IT infrastructure or hire IT professionals but are stuck for funds shouldn't despair; as services such as invoice factoring could allow them to free up some cash, in order to invest it back into the business. This could be an ideal option for businesses of all shapes and sizes.
Spiceworks' report confirmed that almost one in three SMEs throughout the nation planned to increase their IT head count in 2011; with cloud computing being introduced as part of these plans by some 28 per cent of SMEs.
A spokesperson for the IT company, Jay Hallberg, made a statement regarding the news, stating: "All signs point to a good year for the IT industry as SMEs around the world significantly boost investments in technology products and services, as well as staffing."
"The hesitation many small businesses previously had toward virtualisation and cloud services appears to have dissipated," Hallberg concluded on Business Wire.
Deborah Bates