The Value of IT Spending Data
The IT Spending, Staffing & Technology Trends Report is an excellent tool for benchmarking your IT spending plans against peer organizations. It is an effective aid in:
- Benchmarking IT spending plans against simliar organizations
- Justifying your IT budget to executive management
- Staying ahead of emerging IT trends
- Evaluating your IT staffing levels
- Predicting the Total Cost of Ownership and Return On Investment of new technologies
- Understanding IT best practices
- Staying current with IT outsourcing trends
Learn more about how to use this IT spending data to improve the IT function at your organization
The IT Spending, Staffing, and Technology Trends Study Report is now in its 19th year of publication.
For nearly two decades, this report has provided objective and meaningful data to assist hundreds of IT executives in the financial and strategic management of information technology.
Each year, Computer Economics surveys IT and business executives in private industry and government in the U.S. and Canada to gather detailed benchmarks concerning their IT spending and staffing levels as well as their economic experiences with various technologies. By repeating this survey each year, Computer Economics is in a unique position to identify long-term trends and anticipate issues that IT executives will be facing in the coming year.
IT Spending Growth Is Slowing in Response to Economic Conditions
Slowing economic growth has finally begun to pull down IT spending increases. The survey finds that the median IT operational budget is growing 4.0% this year - a decline from the 5.0% growth seen last year.
To be sure, IT spending and staffing levels are not generally falling, just as the U.S. economy is not yet, technically, in a recession. Nevertheless, it does not take an outright recession for organizations to pull back their IT spending and staffing growth plans.
IT Capital Spending Growth Rate Falls to Zero
In addition to the IT operational budgets, organizations typically maintain IT capital budgets to fund long-term investments in IT infrastructure, equipment, or major systems. These investments are then depreciated as an operational expense over a number of years. Confirming a pullback in IT spending growth, median IT capital spending this year is flat compared with 2007, when IT capital budgets grew at a 4.0% rate. The 2007 metric, in turn, represents a decline from the 5.0% growth rate recorded in 2006.
See more findings from this year's IT Spending, Staffing and Technology Trends report. Download a Free Executive Summary.
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