The drastic action is being taken to protect the company's £35m cash reserve which has been ear-marked for future growth. Simon Barker, InterX CEO, said in a statement: "I fully appreciate that the last two weeks have been a time of great...
IDC's survey, which focused on business-to-business marketing, also showed that marketing budgets are stabilising. Marketing budgets on average represent about 4 per cent of revenue for companies in the survey.
This is then followed up with a post-change benchmark to validate the improvement programme's goals. These new regulatory pressures, riding alongside cyberterrorism fears, are driving moderate increases in security budgets for those organisations...
In terms of labour costs, flat base salaries have kept these to slightly under 50 per cent of IT budgets in 2003. Within the old 2003 budgets, the focus was to severely cut 'discretionary' projects and, where possible, avoid or delay non...
Any economist knows that if, instead of doing their own washing, everybody were to do their neighbour's washing for a fee, household budgets would be unaffected. It is pointed out that GDP can be highly misleading because it measures only the...
With concerns increasing about the short tem future health of some of the world's leading economies, Gartner predicts people in charge of IT budgets will receive mandates from the board to cut costs across the business.