IT Investment Trends Vary With Company Size

Friday Jun 25th 2010 by Datamation.com Staff
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Large enterprises and medium-sized companies respond to tough economic times very differently.

CIO Insight: When faced with tough economic times, mid-size companies with 50 to 499 employees act very differently than large enterprises with more than 500 employees. A recent survey of 468 IT budgeters found that mid-range companies were more likely to spend at or above budget levels in 2009, while enterprises tightened down on capital expenditures. In addition, while mid-range firms spent a lot on security, big firms were more likely to spend money on applications and Web platforms. Enterprises were also more likely to cut staffing levels.

The article concludes, "For a midrange firm looking to take advantage of current growth opportunities and perhaps become a large one, acting—technologically speaking—like a bigger competitor looks like a smart strategy. And large enterprises have a similar chance to emulate their smaller brethren and find ways to be more nimble and focused."

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