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IT 'vital element of post-recession plans'

The majority of bosses recognise that IT will be an important part of their success in the eventual economic upswing.

Research conducted by industry analyst Gartner found that 62 per cent of chief executives believe that IT-enabled changes will be a critical part of their organisation's post-recession strategy, while just 13 per cent did not.

The poll also showed that 43 per cent of businesses intend to increase their investment in IT over the coming months and 45 per cent will maintain it at its current level, with only 13 per cent planning to decrease budgets.

In addition, the survey revealed that business leaders are already focusing their companies' plans on revenue growth rather than controlling their costs.

Mark Raskino, research vice president and Gartner fellow, commented: 'These preliminary results will help [chief information officers] and their teams with the planning and budgeting work they are doing in the next few months.'

Recent research from the Confederation of British Industry (CBI) and KPMG found that most senior executives view London as a good place to do business, which could create new IT jobs in the capital.

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