CRN magazine released an article today detailing a new Microsoft study, conducted by Harris Interactive, in which they found that many small and enterprise business’ are cutting back drastically on their information technology and innovation budgets. This trend is especially prevalent in the U.S. “The line between improving business efficiency and cost cutting is a thin one, and American companies have a well established pattern of focusing on short term profit at the expense of long term health.”
“Companies that invest now are going to win down the road,” said Sobel. “Profit is important, of course, but I’d rather sacrifice one point of profit by investing in IT and make up ten times that number over the next decade.”
As a computer service company I have seen this trend first hand. Many of the businesses that need to be spending money now to be ready for the future land grab are instead pulling back their information technology budget. Money is cheap right now and many leasing companies are looking for willing businesses. Look around and ask your IT manager if it is time to upgrade or how your infrastructure will perform when your business starts booming again.
Don’t get left behind on the economic upswing because of you neglected your phones, computers, servers or technology today.
