Posts Tagged ‘IT Sector’

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

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Positive outlook for IT Sector

Tuesday, February 19th, 2008

Positive IT sector

There seems to be quite a bit of bullish optimism across the Irish economy – glass half full stuff. Today it is the turn of the IT sector. I hope these voices are that of realism and not a case of dillusion like our good friend from Iraq “Comical Ali” – remember his statements about the US forces with a US tank in the background.

Anyway today I am going to believe what I have read.

The IT sector looks set to have a bright 2008. Over 50% of Senior Technology Executives surveyed were confident about the prospects for the sector in 2008. 68% of those surveyed expected to hire staff this year. Of note is that 48% felt that it was getting more difficult to recruit good staff.

So all the IT professionals who left the sector after the 2000 dotbomb – come back we need you!!

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