IT directors feeling the pain of cutbacks

More than half of European IT directors expect further redundancies at their companies over the next two years, according to a...

More than half of European IT directors expect further redundancies at their companies over the next two years, according to a survey of 570 IT chiefs from 12 countries.

The findings, part of research for Hitachi Data Systems European Storage Index, found that IT directors from large corporations are more worried about potential job cuts than their medium-sized counterparts.

Many of the IT directors questioned expected the continuing economic uncertainty would also lead to changes in their IT strategy over the next two years.

John Taffinder, Europe executive vice-president at Hitachi Data Systems, said, “While this sounds alarming, it is a pragmatic response to factors that undermine medium- to long-term IT planning, such as economic cycles, new technologies and changing business strategies."

Taffinder went on say that storage is now an issue of prime concern for most organisations. “Unfortunately, for many businesses, storage has become a point of pain, rather than a fulfilled need that allows organisations to focus on their key business issues.”

The IT directors are, on average, expecting to hold 16% more data on their systems in the next year, the research found, with a third saying they will increase the spending on storage as a percentage of the overall IT budget.

The research was based on 570 IT director interviews, from Britain, Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and Switzerland.

Read more on IT for small and medium-sized enterprises (SME)

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