PracticeConsultingLarger companies likely to put IT on hold

Larger companies likely to put IT on hold

Larger companies are more likely to put IT projects on hold due to economic conditions, according to a Vanson Bourne survey of 100 UK IT directors for JD Edwards.

Nearly half of respondents with revenue above #250m said IT projects were at the whim of the economy, but only 28% of firms with revenue between £50m and £250m said the same.

However, 55% of all respondents said electronic interaction with partners had increased during the previous six months, and 45% are planning collaborative IT projects.

The retail, transport and distribution sector was found to have the most “progressive” attitude towards its supply chain, with two-thirds increasing their electronic interaction over the past six months, while under half of the finance and manufacturing sector respondents had increased electronic interaction.

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