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John Funnell

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Blog Post

I.T. Spend is Back

Meeting set to discuss Spending in 2010

It is now 2010 and things are looking up but IT fundamentals have shifted and spending must be closely monitored.  Some of the leading names in IT will be meeting to discuss planning and spending in the first quarter of 2010 at the CIO US Summit held by GDS International.

The recession felt globally has changed the priorities in IT.  One of the key changes has focused on cloud options and if investments into internal data centers is really the path forward.

"2010 will bring increased spending as we begin to see the light at the end of the tunnel, however budgets will continue to remain tight, spending the right money in the right places will make the difference" state the conglomerate of leading CIO's attending the CIO US summit lead by Jan Bertsch CIO Chrysler and James Haney, VP IT at HARLEY DAVIDSON INC.

Spending took a dramatic fall in 2009 compared to that in 2008, but conservation of funds will mean that 2010 will be the year to push forward and implement new and ever evolving technology.

Those technologies, which saw the most capital investment, focused on lowering operating costs, increasing productivity and streamlining the business processes.  This has lead to projects such as server virtualization laying the groundwork for more strategic IT initiatives creating a building block for cloud methodology.  2010 can finally see the move from cutting IT spending to investment into business growing technology.

Budgets have been tight and spending capped but the new year brings new opportunities, barring an economic relapse 2010 is poised to move forward opening the way to new projects and the implementation of new technologies.  Company savings and forward thinking business can be one in the same promising growth and innovation throughout the year.

More Stories By John Funnell

John Funnell has worked in online media for over ten years, after achieving his First Class BSC Hons Degree (BBC Sponsored), John won Bos 18-21 Princess Trust Entrepeneur of the year at 21, setting up Clean Living Records Ltd (including www.BeatReview.com) with great success having many acts that charted in Europe and Canada. After selling the business John looked for a new challenge and joined GDS International, having a successful career in sales and Delegate acquisition, he worked up to Event Director EMEA, forging contacts with some of the biggest technology names in the world, this lead to John having a lead role in the creation of MeettheBoss.com and MeettheBoss.tv – the worlds largest business IPTV channel. John then took over as Marketing and Communications Director and ran a multifaceted global Marketing team for GDS International in New York, Sydney, Kuala Lumper and the UK.. John joined Global in 2011 with the challenge of supporting its growth by developing a solid Marketing foundation through various Digital, PR and brand initiatives.