UK presses on with IT projectsdespite recession

Barely a third of UK businesses have put IT projects on hold during the last six months despite the tough economic conditions,...

Barely a third of UK businesses have put IT projects on hold during the last six months despite the tough economic conditions, according to research firm Vanson Bourne.

Some 63% of companies reported no delays in projects during the past six months, according to a new survey.

Large firms were most likely to hold back projects, with 46% of companies with a turnover of £250m or more delaying IT implementations. The finance sector was most resilient, with 28% delaying projects.

Although the e-business bubble burst long ago, 69% of firms reported they would undertake e-business projects in the next six months, compared with 45% for supply chain, 36% for customer relationship management and 32 % for enterprise resource planning.

When asked which projects would deliver the highest business value, 32% said e-business, 26% said ERP, 18% supply chain and 16% CRM.

The survey highlighted the growing trend towards collaborative projects with partners.

Some 55% of those surveyed, said that their companies' electronic interaction with partners and suppliers had increased during the previous six months. This trend looks set to continue, with 45% saying that they were planning collaborative IT projects in the next six months.

In the retail, transport and distribution sector, 68% of those surveyed said that their companies' electronic interaction throughout the supply chain had increased during the past six months, compared with less than half of those surveyed in the finance (48%) and manufacturing sector (46%).

The study of 100 UK IT directors and chief information officers was carried out on behalf of enterprise software firm JD. Edwards.

Crosbie Burns, managing director of JD Edwards UK, said, "Technology is not a barrier to collaboration."

He predicted that a series of visionaries would emerge in each vertical sector in the next few years who would "open the floodgates" for extensive electronic business collaboration across all markets.

Read more on Business applications

SearchCIO
SearchSecurity
SearchNetworking
SearchDataCenter
SearchDataManagement
Close