Publication
Fehér Péter (2010) Impact of the Economic Crisis on Using Information Technology, in: Proceedings of 4th International Conference on Software, Knowledge, Information Management and Applications - SKIMA 2010 (Savino, M., Chakpitak, N., eds.), Paper No. 201, 8 pages
The economic crisis has rapid impact on organizational, and also on IT budgets. Neither companies, nor IT departments were prepared for such changes, and first reactions followed a conservative cost cutting approach. Most IT departments had to suffer a significant decrease in their budget, and the slow recovery will last for years. This paper explores the challenges, how Hungarian organization can deal with the crisis, and how they choose their answers. A 2 years long survey among Hungarian IT departments showed, that the organisations try to find the balance in these challenging times, and as promising economic indicators arise, the status of IT departments is also progressing.
