Summary
To understand how IT organizations are addressing the downturn, Forrester interviewed 46 enterprise IT decision-makers from around the globe. We found three scenarios: Those who have yet to cut their budgets and are keeping their options open; those who have already cut their budgets and are anticipating possible additional reductions; and those actively cutting their budgets now. Across all of these companies, traditional approaches to budget cuts abound — like postponing upgrades, terminating long-running projects, or reducing travel and entertainment (T&E). But some firms aren't hiding out, waiting for the recession to pass. Instead, they are investing in agility to keep their options open, or they are investing in business innovation to help them accelerate out of the recession.
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