Over the next 12 months, IT expenditure is set to beat inflation, says the National Computing Centre (NCC).

According to the NCC, businesses are optimistic about their IT Expenditure, despite the looming recession. With a large number of companies outsourcing their IT function, among 120 firms surveyed, 58% predict an above-inflation increase in their IT expenditure over the next 12 months. The construction and health sectors are set to see the highest growth, said NCC.

Stefan Foster, Managing Director of NCC Ltd said: “We hear talk of a recession, but the Benchmark results indicate that IT purchasers are remaining confident about future economic conditions; they are making sure that their businesses have the right technology to deliver growth over the coming years, but they are not over optimistic”.