Is your IT budget flat yet?

Most people in the IT world already know that something is coming down the pike soon, and it's not good. SearchCIO reports that its "TechTarget's 2009 IT Priorities Survey" finds that the sky is not falling, but there is a cloud hanging over IT. IT shops will have fewer resources to support their projects, and people will be the first to go, the survey finds.

An estimated 37 percent of respondents to the survey said staff is the area most affected by the economy, more than twice the 17 percent who singled out hardware or the 15 percent who pointed to IT services. If there was no economic crisis, 64 percent said their budgets would be growing more. And nearly 70 percent said that if the economy does not improve in the first half of next year, there will be additional cuts. What will happen to IT budgets and investments in 2009 remains a big question mark. Many research analysts predict that total tech spending will be flat.

For more on the state of play:
- check out this SearchCIO.com article

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