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US Tech Survey Shows Mixed Feelings | February 11 2002 |
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American technology professionals are almost evenly split on whether their business will revive itself or not during 2002. Millward Brown's recent IntelliQuest survey of senior purchasers also found, irrespective of their fortunes, that nearly half plan to increase their IT spend this year. In detail, this new survey shows that just under half (49%) of the US tech executives surveyed said they expect the market to experience an upturn in 2002. Two fifths (42%) said that they expect their IT spending to increase this year over 2001. Of those, half went on to claim the increase will be slight (by 10% or less), whilst a further 44% say the increase will be moderate. Systems upgrade or systems integration was the most frequently mentioned reason as driving the increase. Another commonly mentioned area was security. In the same vein, those who said their budgets would remain the same in 2002 as it had been in 2001, but that money within that budget would shift, cited systems upgrade or systems integration issues as key drivers. Perhaps in reaction to the events of September 11th last year, exactly half of all the US respondents said that enhanced security tools or services are important enough to their organisation to invest IT dollars in this year. Web application server software and application/business integration software were also seen as important enough to snag IT budget money, though less so than security. Millward Brown IntelliQuest surveyed U.S. technology-purchase influencers on their IntelliQuest Technology Panel between December 27, 2001 and January 4, 2002. Simple printable version of this article. Email this article to a friend.
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