Thought that I would add some good news to this blog for a change today – because we all like to hear that.
A Guardian article has highlighted how 39% of CEOs will be looking to increase their workforce in 2010, according to a PwC survey. Just a word of caution though in this happy tale – 25% planned yet more job cuts – but on the plus side this is down from nearly 50% last year. However, there is still expected to be no early end to high unemployment – CEOs adding jobs are often expanding their workforces by 5% or less.
Still, things are looking a lot better than 12 months ago. Overall, 81% of CEOs worldwide are confident about revenue prospects for the next 12 months, up from 64% a year ago.
Companies that have weathered the downturn in reasonable shape are now looking for opportunities to move ahead of rivals, as evidenced by Kraft Foods Inc’s acquisition of British chocolate maker Cadbury Plc.
So what does this mean for companies in terms of their IT development? Well basically there is a big window of opportunity over the next 12 to 18 months, and there are big bargains to be had by getting in early. Now is the time to look at new and emerging technologies – things like the Cloud and Silverlight – and ensure that you are ahead of the curve as things start to pick up. Seems like in 2010 there is all to play for
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