Recessions do not last forever and businesses that cut back on IT indiscriminately are likely to be at competitive disadvantage in the future.rnAccording to research from business consultancy Deloitte, 84% of cost cutting is being driven from outside the IT department by executives who have little understanding of the potential savings and the associated risks.rnThe research, based on interviews with 60 large businesses and public sector organisations, found that 70% of businesses and government departments are cutting IT costs, with another 10% planning to do so.
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