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  Study Shows European Businesses Preparing For Economic Upturn
Time: 16:38 EST/21:38 GMT | News Source: Microsoft Press Release | Posted By: Julien Jay

IDC and Microsoft have revealed new data indicating that European businesses are preparing for an economic upturn through strategic IT investments that better position themselves for future success. The joint study of European enterprises confirmed that 82 percent are currently maintaining or increasing IT spending, with over half of these (43 percent overall) increasing investment levels compared to a year ago. The number one reason cited for IT investments is to improve business efficiencies and processes; achieved today primarily through advances in the areas of "collaborative systems" and "systems to integrate existing infrastructures," as noted with 59 percent of the respondents.

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