Business News

IT Spending Down Fifth Year in a Row in 2013

Ljubljana, 12 May (STA) - Spending on IT services in Slovenia fell 5% to EUR 196m last year, the latest study by the International Data Corporation (IDC) has found. This is fifth consecutive year that Slovenia's IT services market contracted.

According to the IDC Ljubljana office, the latest drop is to be blamed on the recession and the subsequent shrinking of IT budgets.

Revenues from support services decreased less than on average due to a greater share of funds intended for investments in maintenance of the existing equipment, while spending on project services and outsourcing of IT services fell more sharply.

On the other hand, IT service providers saw an increase in revenue from development of applications, while revenue from IT training was also up after several years of decline.

Even though the continuing crisis has significantly reduced investments in IT, the demand for cloud services, mobile solutions, big data technologies and social media marketing is growing strongly.

The public administration, financial institutions and the telecommunications sector remained the biggest customers for IT services in the country last year, generating 50% of the entire demand.

You might be also interested in:


We are here to help you.