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Serviced offices could use IT as a 'cost-cutting enabler'25th August 2010

Firms in serviced offices might wish to spend more money on IT after it was suggested by one specialist computing has been crucial for companies wanting to stay ahead of their competitors during the recession.

Gerry McLaughlin of ITContractor.com commented although computing was perceived as a cost in previous downturns, in this recession it was viewed as a valuable resource.

"This time round, IT was seen as both a cost-cutting enabler and as too crucial to the business [to be cut]," he said.

In the digital age, companies do not want to get behind their rivals in terms of software, Mr McLaughlin continued, because access to business information is perceived as the biggest differentiator between firms.

He remarked having top-of-the-range IT systems gives organisations a competitive edge, while noting a survey of the Fortune 500 companies a few years ago showed firms that invested in computing saw the biggest returns.

The latest quarterly review of the ICT labour market from e-skills UK revealed a fall in trade deficit and an increase in IT spending.
 

 

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