IT largely unscathed by austerity budget

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Cloud Computing Spunje
Published: July 13, 2010Posted in: Business Intelligence, Cloud Computing Security, Cloud Intelligence, G-Cloud, Government Cloud, Opinions & Explanations, SecurityTags:
IT largely unscathed by austerity budget
Industry pundits are suggesting IT has escaped largely unscathed from the Chancellor of the Exchequer’s emergency budget today, despite it being one of the toughest in modern times.

Indirectly, however, some are warning that swingeing public sector cuts and an increased reliance on the private sector as the main source of economic growth could bring extra pressure to bear on IT budgets, spending and procurement trends.
The coalition government’s first, interim emergency budget “supports a strong enterprise-led recovery” from record debt, according to the chancellor, George Osborne. “Yes, it is tough; but it is also fair,”

http://www.computing.co.uk/computing/analysis/2265266/largely-unscathed-austerity

But will measures be good for IT given reliance on private sector growth?

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