As Enterprise Cloud Computing Adoption Matures, Investments In Application Development Increase

Grazed from Forbes.  Author: Louis Columbus.

Application development (34%), managed services (27%), ERP implementations (22%) and cloud (20%) are the highest spending priorities for enterprises in 2015 according to the latest Cowen & Company IT spending survey.  53% of enterprises plan to purchase Infrastructure-as-a-Service (IaaS) services from an IT services provider.

21% year-over-year spending growth on SMAC technologies is forecast between 2014 and 2015.  Funding is expected to increase 7 to 8 times vs. average IT Services budgets for digital and SMAC-based initiatives this year.  These and other insights are from Cowen & Company’s Mid-Year 2015 IT Spending Survey published May 26th (client access)...

The methodology is based on 95 responses from companies representing more than $51M in IT spending and a number of verticals, including: Financial Services (36% of respondents), Manufacturing (25%), Retail (14%), Healthcare Pharma (16%), Healthcare Payer (4%) and Hospitality & Entertainment (5%).   Respondents’ roles included CEO, CFO, COO (21 % of respondents), CIO, CSO and CTO (45%), other IT executives (2%), and IT senior management (32%). Respondents are forecasting second-half CY 2015 IT Services spending to grow 5.4% compared to first-half CY2015...

Read more from the source @ http://www.forbes.com/sites/louiscolumbus/2015/05/30/as-enterprise-cloud-computing-adoption-matures-investments-in-application-development-increase/