Prague, July 18, 2014 – According to recently released data from international marketing and research agency IDC, IT investments by manufacturers will be more than 18% higher in 2018 than in 2014 for the five core countries of Central and Eastern Europe (CEE) – namely, the Czech Republic, Hungary, Poland, Romania, and Slovakia. (TZ)
The strengthening trend among CEE manufacturers is one of increased focus on operations with an aim to create environments characterized by operational excellence. This goal will be supported by increased investments in IT-based decision-making tools. IT spending by CEE manufacturers is expected to post a compound annual growth rate (CAGR) of 4.1% in 2014-2018. Lower spending growth in the hardware segment will be offset by accelerated growth in IT services and software segments, which will expand at a CAGR of 5.3% during the five-year period.