Posts Tagged ‘Investment’

Increased IT investment by Irish Firms

Wednesday, February 20th, 2008

IT sector

A KPMG report has found that over half of Irish firms intent to increase their spend on IT this year. Would this explain why most Senior Technical Executives are optimistic about the performance of the IT sector in 2008.

The fact that IT investment will increase with the cloud of pessimism over the economy is significant for IT sector as traditionally IT spend was considered optional rather than necessary.

At least one sector is rubbing its hands with the prospect of good news in 2008. The construction sector with hit with more bad news today with the number of new home completions to fall again this year