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SMEs still spending on IT: IBM study.
Byline: Hamisah Hamid
THE economic slowdown does not deter small and medium enterprises (SMEs) from spending on information technology (IT) to sustain their business, according to an IBM study.
A survey done on local SMEs last year found that IT expenditure by three quarters of respondents remained unchanged despite the economic situation.
The study, which covered 80 mid-size companies in Malaysia, showed that a quarter of the respondents increased their IT expenditure, while about two-fifths maintained their IT spending but re-allocated the targeted areas.
About a quarter said they had reduced IT spending in view of the economic condition.
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