Sales of software and IT services were weaker in the first half
of this year from a year ago as a result of the lack of contracts
signed last year that should secure funding in 2010 and even 2011,
Eugen Schwab-Chesaru, managing director for CEE with Pierre Audoin
Consultants (PAC), a research and consulting services firm, told
ZF.
The domestic software and services market was valued at 550m euros
last year.
Chesaru maintains that the first half decline came amid the lack of
decision, coordination and motivation to use technology to boost
the efficiency of the public sector.
On the other hand, says Chesaru, small and medium-sized enterprises
lacked funding and were not aware of the role and the results of
implementing IT solutions.
Another factor was the falling turnover of large companies and
their more attentive assessment of gains from past investments
before starting new ones. Chesaru also said the high pressure on
prices also dragged the market down.
ZF English
Private sector hesitancy and public sector lack of coordination cause software and IT services slump
Sales of software and IT services were weaker in the first half of this year from a year ago as a result of the lack of contracts signed last year that should secure funding in 2010 and even 2011, Eugen Schwab-Chesaru, managing director for CEE with Pierre Audoin Consultants (PAC), a research and consulting services firm, told ZF.