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Corporate IT budgets are expected to grow by just 2.0% in the coming year, with OPEX - or 'keeping the lights on' expected to surpass CAPEX for the first time since 2009, according to research among CIOs from best practice insight and technology company CEB.

With growing concerns around high-profile data hacks, security budgets are expected to continue a steady upward growth, from 5.2% of the budget to 6.2%. Meanwhile, headcount in IT functions is expected to be at its highest in seven years at 1.9%.

The increased focus on business-led IT means that CIOs and their teams are operating in a more advisory capacity, as employees outside of corporate IT make more technology decisions and investments than ever before.

Vendor:
TechTarget ComputerWeekly.com
Posted:
Feb 8, 2021
Published:
Dec 15, 2015
Format:
PDF
Type:
Research Content

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