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CEB IT Budget Benchmark 2015 to 2016
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Corporate IT budgets are expected to grow by just 2.0% in the coming year, with budgets for 'keeping the lights on' expected to surpass capital spending for the first time since 2009, this report from CEB reveals.
Table Of Contents
- The expectations for 2016 IT budget growth are 2.2% higher than actual budget growth from 2014 to 2015, but they are lower than predictions from the past few years
- Shrinking IT budgets do no necessarily represent enterprise technology spending, with budget growth needing to be viewed in terms of its position to the rest of the business
- IT capex growth is slowing as more business-led IT, more cloud investments and less infrastructure spending weigh against the need for larger IT budgets
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