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Paweł Kruszec

Will IT emerge unscathed from the economic crisis?

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Despite the upcoming economic crisis, as many as 21 percent of companies plan to increase their IT spending in the upcoming year of 2023. This is likely influenced by the growing awareness that IT is an integral part of the business world.

The role of IT in companies has significantly changed, as also indicated by the Polcom report – according to 94 percent of respondents, an IT manager should function as a catalyst for innovation, enriching the organization with new technologies.

The significant role of interdepartmental collaboration

The budget cuts in IT during economic slowdowns are already a myth. CIOs and IT departments can play a significant role during a crisis. Thanks to strategic investments with long-term benefits and the ability to actively respond to ongoing issues, they can make a difference. Decisions such as migrating systems to the cloud or enhancing cybersecurity measures are increasingly common, showing that cost-cutting should not affect technology during a crisis. Moreover, this approach impacts the growth of technological debt, which can further reduce the efficiency of many business processes in companies – says Robert Czarniewski, CFO at Polcom.

More and more companies want to invest in cloud services

According to the ranking prepared by the European Commission, called the ‘Digital Economy and Society Index’ (DESI), at least 52 percent of Polish small and medium-sized enterprises (SMEs) have reached a basic level of digital technology utilization. The dynamics of cloud adoption are also increasing: it is projected to remain above 20 percent in Poland by 2026.

Currently, the market is moving towards investing in cloud solutions. Increasingly, companies see this model not only as a means of cost savings compared to purchasing their own infrastructure, but also as a way to add value to their business and accelerate numerous key processes. We observe a clear trend among companies, especially in the SME sector, where they recognize that the cloud enables them to build added value in their business and expedite various crucial processes. Let’s remember that financial savings are a significant benefit for a company, but not the only one – concludes Mariusz Juranek.

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