19 June 2008
IT departments have shifted from investing in new IT systems to spending money making their existing setups as efficient as possible, a new report has revealed.
Computer Weekly reports that the research, by services company Computer Sciences Corporation (CSC), indicates many companies are using virtualisation software to get the most out of their existing systems, as they look for ways to reduce spending in the current economic climate.
Tom Rogerson, chief technical officer of European financial services at CSC, told the website: "Most companies are looking to rationalise IT and strip it back to the essentials to achieve the same business effect with less.
He added that economic concerns are also driving increased investment in service-orientated architecture (SOA), as companies look to extend the life of their legacy systems.
A report published by the European Information Technology Observatory (EITO) last month suggested that the European IT market will grow by 4.3 per cent in 2008, to reach £247 billion, with spending on IT services, software and outsourcing all increasing healthily.<br/>
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