Latest News articles
☛ Want the latest procurement and supply chain news delivered straight to your inbox? Sign up for the Supply Management Daily
31 December 2012 | Adam Leach
Almost half of senior IT professionals expect their budgets to increase next year to invest in applications, infrastructure and staff, according to a survey.
The research, published by TEKsystems, found 48 per cent of 600 senior IT professionals expect to spend more in 2013 than they did in 2012. Of those that don’t foresee an increase, 27 per cent expect their budget to remain the same, 16 per cent expect it to decline and 9 per cent said they didn’t know what would happen to their spending.
Jason Hayman, market research manager at TEKsystems, said: “IT leaders are practically split on expectations for IT budget increases and still recognise budget procurement as one of their greatest challenges in the current economic climate.”
The poll found while 54 per cent of respondents were confident that their budget would be adequate - with just 16 per cent saying they would not suffice - securing their desired budget remains a challenge. ‘Acquiring necessary budgets’ was ranked the number one challenge for IT leaders, followed by “attracting, retaining and developing top talent” and “improving IT performance/efficiency”.
In terms of what money will actually be spent on, 49 per cent expect to see an increase in spending on IT application services with a slightly lower 47 per cent expecting an increase in infrastructure spending. Some 20 per cent expect spending on IT outsourcing to drop, and 39 per cent believe it will stay the same.