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European CIOs have budget balancing act ahead of them
This article is part of the CW Europe issue of June-August 2018
Many European technology leaders are expecting to increase IT spending through 2018 and investments will be directed to a range of key areas, including data management, technology infrastructure and regulatory compliance. That is the conclusion of ComputerWeekly/TechTarget IT Priorities survey, which questioned 1,875 European technology decision makers on their buying decisions for 2018. While most CIOs expected their IT budgets to rise this year, there is less consensus about how that money will be spent, with some IT chiefs envisioning a reduced rate of investment in certain technologies. Experts suggest this reduced rate of increases could be due to the broad range of priorities faced by modern CIOs and a continued focus on operational concerns. Just over a quarter (28%) of European IT leaders responding to the survey expected their budgets to increase by more than 10% this year, which represented a 25% year-on-year rise. In addition, 23% expected their IT budgets to increase by between 5% and 10%, and 9% anticipated a rise ...
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Features in this issue
Aviation group says it is confident of landing a company-wide IT project following a sometimes turbulent journey
There is some consensus among European CIOs on budget rises across the continent, but less so on what to invest in
A major report has reassured Swedish society that artificial intelligence will be a positive force for change despite fears of job losses