Although the still sluggish economy will continue to challenge most, if not all, businesses, corporate spending on technology is expected to rise this year, according to a Computerworld Philippines survey.
Anticipating a modest economic recovery this year, IT managers are planning to implement new IT investments and projects which will stimulate IT spending for 2004. In a survey on IT spending conducted by Computerworld Philippines Research, 60 per cent of the respondent-companies reported plans to increase IT spending this year to finance new projects.