Feeds

Goldman Sachs predicts IT spending rise

But small biz still struggling

Secure remote control for conventional and virtual desktops

Research from Goldman Sachs expects IT spending to start moving upwards in 2010, but a survey of British small firms finds many still worried about the impact of recession on their businesses.

The survey from Amplify Research found a quarter of firms expect to be hit harder during the later stages of the downturn. A quarter reckoned that the first quarter of 2009 was their worst trading period but almost a third - 31 per cent - reported no fall in orders. 19 per cent of SMBs said sales had fallen over 20 per cent.

In the last six months 45 per cent of firms have made people redundant - a third have cut up to 10 per cent of staff.

But looking forward, 38 per cent of small and medium enterprises believe revenue falls will slow in the next six months and just over a quarter expect the downward trend to end completely by year end.

The Amplify press release is here.

In other news, a research note from Goldman Sachs looking at consulting and outsourcing predicts "modest improvements in IT spending... into 2010". Researchers looked specifically at Accenture: Goldman predicts fourth quarter sales of $5.12bn for the firm, which reports on 1 October. ®

Build a business case: developing custom apps

More from The Register

next story
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.