IT Spending Archives

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Worldwide IT Spending And Staffing Outlook 2023
Despite most of our survey respondents agreeing that the economy will be worse in 2023 than in 2022, IT spending increases are broad and strong. However, in this annual report of the IT spending and staffing outlook for 2023, we believe there is another major factor at play. We find that IT is no longer seen as a cost center but as a strategic driver of growth. Because of this, business leaders are giving their IT departments greater resources to help plan for the coming recession rather than asking them to tighten their belts.
February, 2023
IT Budgets Surge Ahead Despite Choppy Economic Waters
IT budgets have faced stormy weather in recent years: a global pandemic, a brief recession brought on by lockdowns, supply chain disruptions, war in Ukraine, and a year and a half of rising inflation. At each phase, we reported that IT budgets might be negatively impacted, and each time, enterprises refused to cut IT spending. It is starting to become clear that most enterprises view IT as a strategic resource in weathering the economic challenges of the last few years. IT is no longer seen as a cost center but as a strategic resource than can impact the top and the bottom line. This research byte is a brief description of some of the findings in our IT Spending and Staffing Benchmarks 2022/2023 study.
July, 2022
Global Events Raining on Positive IT Budget Parade
Going into 2022, we seemed poised for a broad, strong recovery. IT budget increases were large. Staffing levels were increasing. And growth could be found across nearly all sectors. Although there are fears of rising inflation and global conflict, our annual study of the IT spending outlook finds that IT leaders worldwide still have a positive outlook on the year ahead. This research byte summarizes the full study.
March, 2022
Worldwide IT Spending and Staffing Outlook for 2022
In this annual report of the IT spending and staffing outlook for 2022, we find that IT leaders worldwide generally have a positive outlook on the year ahead. On the whole, companies have put the chaos of the pandemic behind them.
March, 2022
European IT Spending and Staffing Benchmarks 2021/2022: Full Study
This report is a companion study to our annual IT Spending and Staffing Benchmarks study, which provides a full set of IT budgetary benchmarks and IT staffing metrics by industry sector and organizational size. This companion study for Europe should be used in conjunction with our full study to provide insight into how high-level spending and staffing benchmarks differ for European organizations.
September, 2021
European IT Departments More Cautious Than American Counterparts
The best way to describe the European recovery from the COVID-19 pandemic is cautiously optimistic. Maybe with a little extra emphasis on optimistic. But it is nothing quite like the miracle recovery we described a little over a month ago for IT organizations in the US and Canada. Still, it is not all bad. In Europe, we continue to see expected increases in spending on digital transformation, software as a service (SaaS), and cloud, indicating that IT organizations are not holding back on new investments, and they see a clear path toward a digital future. This research byte is a brief description of some of the findings in our European IT Spending and Staffing Benchmarks 2021/2022 study.
September, 2021
The Recovery of IT Spending in 2021
It is nothing short of a miracle. No, not just the vaccines. Producing a vaccine in a year against a novel virus was a miracle. But the other miracle was reshaping the entire global economy practically overnight. Many organizations went to fully working at home over a weekend. Everything any consumer needed from healthcare to home improvement could be shipped to their doorstep. The economy went digital, and there is no going back. So even where vaccine rollouts are slow and lockdowns are still in place, IT budgets are going up. This research byte is a brief description of some of the findings in our IT Spending and Staffing Benchmarks 2021/2022 study.
July, 2021
The Recovery of IT Spending in 2021
In a remarkable bounce back from the onset of the worldwide pandemic, three quarters of companies this year are poised to increase their IT operational budgets, a record in the cloud era. Organizations across nearly every sector and company size are planning IT budget increases in line with pre-COVID-19 economic conditions. Are happy days here again? Mostly, with some caveats.
August, 2021
Computer Economics: Worldwide IT Spending and Staffing Outlook for 2021
Despite the chaos of 2020, the outlook for 2021 is surprisingly positive. IT organizations are expecting budget growth and to consolidate the changes made in the past turbulent year. This year, our report assesses IT operational and capital spending plans, executive priorities for IT investment, and plans for hiring and outsourcing for IT organizations worldwide.
March, 2021
Retail IT Spending Needed for Digital Transformation
The retail sector is going through a major transformation. Brick-and-mortar stalwarts are filing for bankruptcy or disappearing entirely. E-commerce and the digital customer experience are taking an increasing part of the shopping dollar. And all of that was happening before the COVID-19 pandemic forced major restrictions on brick-and-mortar shopping. Traditional retail is in a “change or die” mode, and the transformation of IT is going to decide who survives. This Research Byte is a brief summary of our special report on IT spending trends in the retail sector, which is available for free download.
October, 2020
Coronavirus Putting 2020 IT Budget Plans in State of Flux
At the beginning of 2020, companies in the U.S. and Canada were poised for another year of strong IT operational budget growth. For the fourth year in a row, IT operational budgets were set to increase at a rate higher than inflation. The outlook for the year was looking strong for IT organizations—at least until the global pandemic struck. This Research Byte explains why our IT spending and staffing benchmarks for 2020 remain valid, even though we see the COVID-19 pandemic putting a dampener on year over year IT spending growth.
July, 2020
Get Access to Our 2020 IT Spending Metrics
Our IT Spending Survey is now underway, and we're looking for additional qualified respondents. If you have access to your organization's IT budget, please apply now. If you qualify to participate and you complete the online survey, we'll send you the a number of our research publications (including the composite benchmarks from this study), at no charge--over $6,000 in value!
January, 2019
IT Spending and Staffing Benchmarks 2018/2019: Chapter 1: Executive Summary
Chapter 1 of our 2018/2019 IT Spending and Staffing Benchmarks study provides a detailed analysis of the major findings from this year's study. It also describes the contents of the subsequent chapters, and gives detailed information about the demographics of the study participants and the survey methodology. [Full Study Description]
June, 2018
IT Staffing Levels Flat as Cloud Shifts Focus to Higher-Level Skills
IT operational budgets in 2017 are growing modestly, but that growth is not being mirrored in IT staffing levels, which are essentially flat at the median. According to Computer Economics, fewer than half (49%) of all companies in its newly released IT Spending and Staffing Benchmarks 2017/2018 study are planning to increase IT headcount.
June, 2017
Security, Privacy, Cloud Apps Top Priorities for 2017 IT Spending
When it comes to new spending, IT departments have two rather clear priorities—secure their data and continue the transition to the cloud, according to the Computer Economics annual IT Spending and Staffing Benchmarks study for 2017/2018. Given the constant array of new threats facing IT departments every day, it is no surprise that security is a major priority. At the same time, the rise of cloud applications has been going on for many years, but it continues to accelerate.
June, 2017