It has been estimated that IT spending by companies world-wide in 2002 will be slightly lower than in 2001, the main reason being the global economic downturn, which has begun to affect corporate IT spending practices and performance.
Intellect is the new association created to give a single powerful voice for the information technology, telecommunications and electronics industries in the UK and incorporates members of CSSA and FEI. Intellect represents more than 1, 000 organisations ranging from blue chip multinationals through to early stage technology enterprises.