Industry | 2010.02.16
Recession, What Recession? Aldata / IBM Retail CIO Survey Shows Increased IT Spending and Focus on Optimizing Processes for Fast ROI
ATLANTA--(BUSINESS WIRE)--Aldata Solution, a leading provider of software solutions for the retail industry, today released findings from the second annual Global Retail CIO Survey, jointly sponsored with IBM. The survey showed that IT budgets appear to be recovering after the initial downturn at the start of last year’s recession, with averages for all retailers at 1.3% of sales compared to 1% last year. Twenty-six percent of respondents expect their IT budget to increase; the same figure
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