Silicon.com editor Steve Ranger claimed that it is unlikely IT budgets in the private sector will see a significant increase during the course of 2010.
The expert explained that IT projects will need to show they can deliver a fast return on investment if senior management is to be convinced to allocate budgets to them.
In addition, the public sector will be forced to scale back its investment in IT no matter which political party comes into power, as spending has to be curbed because of the recession.
However, Mr Ranger said there is some good news for those seeking IT jobs, commenting: 'At the same time, organisations are recognising they need to invest in new technology if they are going to be ready for growth when it comes.'
Recent research by Microsoft claimed that small companies will boost their spending on IT by 16 per cent from 2009 levels.
The expert explained that IT projects will need to show they can deliver a fast return on investment if senior management is to be convinced to allocate budgets to them.
In addition, the public sector will be forced to scale back its investment in IT no matter which political party comes into power, as spending has to be curbed because of the recession.
However, Mr Ranger said there is some good news for those seeking IT jobs, commenting: 'At the same time, organisations are recognising they need to invest in new technology if they are going to be ready for growth when it comes.'
Recent research by Microsoft claimed that small companies will boost their spending on IT by 16 per cent from 2009 levels.
