This article examines long-term trends in IT spending, based on Computer Economics surveys of several thousand CIOs and senior IT managers in North America over the past 10 years. The long term trend for three key IT spending metrics are documented: IT budget as a percent of revenues, IT spending per employee, and the percentage change of IT budgets year over year. Bottom line: the post-Y2K bust and dot-com collapse in IT spending are now behind us, and IT spending ratios have returned to their long term trend lines. We use these trends to forecast these statistics for the coming year.
DISCLAIMER:
Avasant's research and other publications are based on information from the best available sources and Avasant's independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.