Business management software investment 'set to increase'

Large and medium-sized businesses are increasingly planning to invest in IT products such as business management software as confidence returns to the sector, a report suggests.

The CDW IT Monitor suggests that signs of anticipated growth in IT investment which were first seen in April are now becoming more visible.

Of the firms questioned, 83 per cent expect to purchase new IT software in the next six months, with nearly a third planning to take on additional staff as the global recession eases.

Just over a fifth of small business IT decision makers predict that IT budgets will increase in the second half of the year.

The results suggest that IT confidence is holding steady and that a turnaround could be coming, says Mark Gambill, CDW's executive for market insights.

"Larger companies have been aggressively managing costs as well through this period, but there comes a point when investments have to be made," he commented.

The CDW IT Monitor also shows that more than half of all businesses expect better company performance in the next six months, further highlighting the need for effective business management software.

Small Business Management Software from Atlantic Global OnDemand.

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