Organisations are beginning to increase spending on IT
IT spending growth rose for the first time in three months in the third quarter of 2005 to 5.2%, and it could reach 8% by next year if Bank of England economic forecasts hold true. The chancellor Gordon Brown will announce new growth forecasts in his pre-budget report next week.

After months of tightening their belts, organisations are beginning to invest strategically in IT systems to improve the profitability of their businesses.

Large organisations are leading the upturn, with the rate of spending growth up from 3.5% to 4.7% between the second and third quarters - the fastest rate of expansion over the past 12 months.