Many companies are under pressure to lower there IT costs due to the recent financial crisis. Normally marketing, HR and IT are the first operations in a company that have to spend less.
Outsourcing of IT services and software development is one way to cut costs. However, outsourcing can often be frustrating, time consuming and more expensive than originally planned without the right IT partner. The other way is to postpone IT project until the economy improves, but investing in IT is often necessary to boost sales and improve efficiency. This is especially true for brick and mortar retailers that can gain a lot by opening up an online store. Hopefully, the current crisis will not hinder offline retailers in New Zealand to move online.