More IT Spending to Go Into Mobile, BI and Cloud

Grazed from UCStrategies.com. Author: Editorial Staff.

The latest CIO Tech Priorities research reveals that head IT-decision makers intend to heighten spending over the next year. It is anticipated that the biggest amount of this spending will go towards cloud computing services, mobile technology, and finally, business intelligence and analytics (BI&A). According to the most recent CIO Magazine Tech Poll/Tech Priorities survey, IT budgets are expected to increase in the next year and mobile technology investments are likely to take the biggest portion. The other realms that are expected to use a significant share of the increased budget include cloud computing services and BI&A.

The CIO survey results discovered that 48 percent of the respondents believe that the next year will bring a surge in IT spending. Thirty-nine percent reported that budgets will remain the same, and the additional 13 percent expect budget cuts for IT…

These figures are supported by similar findings from the survey taken earlier this year in January. In this survey, 46 percent anticipated higher spending in the next year, 38 percent believed that it would neither increase nor decrease, and 16 percent of respondents reported a decline in spending for the coming year…

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