Friday, 24 March, 2023

COVID-19: Five things to expect from cuts in CIOs’ Tech budgets

<p>1) Some Industries may see immediate and long-last IT budget cuts. 2) Organisations may increase spending on technologies and tools that&nbsp;support remote work or work from home. 3) Immediate freezing or cancellation of low-priority technology&nbsp;projects and manpower&nbsp;hiring. 4) Deep&nbsp;cuts in budget allocation for software and IT service providers. 5) A steep rise in the transition towards cloud computing.<br /> &nbsp;</p>