Budgets are tight, but IT directors and CIOs must prepare for business growth in 2010, according to analyst Gartner.
Jeff Mann, Gartner research director, who is chairing the Gartner Cannes Symposium next month, said that after a year of slashing costs, CIOs are now beginning to spend money on IT projects.
"CIOs have used virtualisation and cloud computing to drive down costs. They are now looking at how to make their businesses more agile," he said.
Mann said IT directors would exploit the savings over the past 12 months to invest in new projects. But he expected IT budgets to remain flat next year, which means IT departments need to reassess their IT systems and strategies. "CIOs must look at the assumptions they make on storage growth and whether they need to upgrade software."
CIOs were now speaking to Gartner about contract renegotiations, he said. "The big outsourcing contracts have been implemented. Now CIOs are looking at reviewing contracts, how to renegotiate and benchmarking."