Almost one third of technology professionals have paused planned software implementations and hardware refreshes since March 2020, according to a survey of 150 technology professionals by Microsoft specialist Crimson.
It believes this trend is indicative of a major priority realignment taking place within enterprises that plan to accelerate Cloud, Automation and Cyber Security for more secure and effective remote working.
Crimson’s research shows that while new projects may have paused since lockdown, the IT sector has shown remarkable resilience, with 70% of IT departments forgoing the Government’s furlough scheme in order to continue to provide critical business operations.
Despite short-term delays, projected IT budgets have remained stable, with 41% of respondents intending to keep their budgets at pre-Coronavirus levels and 27% increasing overall budgets. Thirty-two per cent have cut budgets due to the pandemic.
Just over a quarter of survey respondents are looking to hire or on-board new IT staff in the next three months.