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IT budgets to rise despite downturn
This article is part of the CW Europe issue of January 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 ...
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Features in this issue
IT budgets will grow by 2% next year in Europe, a study of 180 companies with an IT spending power of $52bn reveals.
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