Monday, August 8, 2011

Ecommerce & mobile is now retail’s top IT priority

UK retailers are now spending more on eCommerce & m-commerce than any other area of IT, new research has revealed.

The annual ‘IT in Retail’ report shows that money spend on these emerging channels has now outstripped spending on in-store system which had been major traders top priority for the last nine years.

Money invested in improving online and mobile solutions grew from 17 per cent to 23 per cent according to the study, which analyses IT expenditure by the UK’s leading 100 retailers.

Conducted by Martec International and sponsored by BT Expedite, the research found that despite company finances being squeezed at present, large retailers are still investing in their general tech.

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