IT budgets to rise despite downturn
Premium Content

Access "IT budgets to rise despite downturn"

Published: 09 Jan 2013

CIOs across Europe are predicting their IT budgets will increase by an average of 2% in 2013, despite the downturn. But investment on capital projects will slow, as operational spending assumes higher proportion of the IT budget, research by business advisory firm CEB reveals. The findings are a reflection that IT departments have caught up with  IT projects temporarily put on hold at the start of the recession, said Andrew Horne, managing director of CEB, formerly the Corporate Executive Board. Productivity CIOs will use 2013 to invest in high-return projects to improve employee productivity, collaboration and mobility, the survey of 180 companies with combined IT budgets of $52 billion shows. “CIOs recognise that the nature of work is changing and in this new environment there is a huge opportunity for IT to drive employee productivity,” said Horne. IT departments are moving away from traditional process automation projects towards more strategic business intelligence, collaboration and customer-facing technologies,. The top 20% of organisations, measured ... Access >>>

Access TechTarget
Premium Content for Free.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

What's Inside

Features

More Premium Content Accessible For Free

  • Why we need cyber war games
    CWE_270115_ezine_18p_MED.jpg
    E-Zine

    In this week’s Computer Weekly, the UK and US are starting a cyber war on each other – all in the name of testing each other’s defences. We look at ...

  • FT sold on cloud benefits
    CWE_200115_ezine_18p_MED.jpg
    E-Zine

    In this week's Computer Weekly, we talk to the Financial Times CTO about the publisher's successful move to the public cloud and plans for further ...

  • The Global Risk Report 2015
    GlobalRisks2015.jpg
    E-Handbook

    Large-scale cyber attacks are among the prominent risks in 2015 in the 10th Global Risks report from the World Economic Forum.