Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

70 per cent of CIOs say GFC effects have passed: IDC

News comes despite low budget increases since the recession, according to IDC statistics
IDC Australia vice president of research, Tim Dillon

IDC Australia vice president of research, Tim Dillon

A survey of some 400 CIOs across the Australia and New Zealand (ANZ) region indicates that while 70 per cent feel the effects of the GFC have passed, an average 2.3 per cent budget increase will take place in these organisations.

Vice president of research at IDC Australia, Tim Dillon, addressed more than 200 CIOs at the CIO Summit 2010 in Sydney, where he revealed the results of IDC’s Forecast for Management Survey.

The survey analysed economic conditions, the effect these had on the IT infrastructure or business, and how technology is being deployed to address these issues.

Dillon, previously a researcher and IT consultant, said the mismatch between the company budget levels and the wider economy will have an impact on the future of IT in Australia.

“We’re expecting things to improve but we’re not sure they will," he told attendes at the summit. "We’re not having a budget increase to match the situation and this is going to have an effect on our IT expenditure down the track."

Dillon said the issue of IT spending revealed some interesting trends among CIOs.

“Are we actually spending too much on IT? This is an interesting issue," Dillon said.

"Special projects are dropping and we’re taking a much more holistic company driven point of view,” he added.

Dillon described recruitment as another key area of concern for CIOs across a variety of different companies and company sizes.

“Recruitment is a key area of concern in this space. If you have Gen-Y employees, there is an expectation that social networking and BYO software will be part of the office situation,” Dillon said.

The news comes as CIOs recently revealed they were unlikely to adopt BYO IT schemes in Australia despite the popularity of these schemes in other nations.

(See the CIO Summit 2010 in pictures)

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: ANZ, IDC
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: CIO role, CIO Summit 2010, global recession, IDC, IT budget cuts, IT budgets
Latest Blog Posts
Whitepapers
  • Reconciling Datacenter consolidation and security: It starts with an integrated approach
    There is no question that datacenter consolidation has gone mainstream. A recent IDG Research survey of IT managers found that three out of four organizations are in the midst of, or just completing, consolidation of multiple applications or systems onto a smaller number of servers. Improving performance and availability was the key driver of consolidation efforts for 85% of those surveyed.
    Learn more »
  • 10 Ways to Stretch your storage budgets in virtualised, consolidated environments
    Everyone’s heard the line about the only inevitabilities in life being death and taxes. IT managers, however, would quickly assert a third absolute – higher storage needs. There’s no question data storage requirements continue to skyrocket, and there’s absolutely zero likelihood of that ending any time in our lifetime. Enterprises have successfully controlled their IT budgets and server sprawl issues with the help of virtualisation technologies, but what’s next? Increasingly, organizations are turning to storage consolidation for virtualised server environments in order to reduce data center costs and inefficiencies.
    Learn more »
  • Cost Effective Security and Compliance with Oracle Database 11g Release 2
    Information ranging from trade secrets to financial data to privacy related information has become the target of sophisticated attacks from both sides of the firewall. Built upon 30 years of security experience, the Oracle database provides defense-in-depth security controls that enable organizations to transparently protect data. By leveraging these controls, organizations can safeguard data, ensure regulatory compliance, and achieve business goals such as consolidation, globalization, right sourcing and cloud computing while still maintaining scalability, performance and availability. Read this whitepaper.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Recent comments