Manufacturing Industry
Manufacturers to shuffle it spending plans in 2007: companies will concentrate their IT dollars on competitiveness and operational gains.(IT SPENDING)
Industry Week, December, 2006 by Bartholomew, Doug
WHILE MANY MANUfacturers earlier in 2006 had planned on robust increases in technology investment in the coming year, those plans have since been deflated as a result of rising fuel prices, continued unrest in the Middle East and a cooling economy.
"We're starting to see people scale back on their IT spending plans," says Karen Carter, quantitative research analyst at AMR Research, a Boston-based firm that tracks manufacturing technology trends.
Manufacturers' IT spending plans for 2007 demonstrate less than robust growth, judging by at least one indicator. According to the 2006 INDUSTRYWEEK/MPI Census of Manufacturers, 52.5% of manufacturers responding expect to maintain the same level of IT investment in 2007.
On the positive side, 40%...
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