IT budgets: Drivers, concerns, and trends in 2016 (free, from Tech Pro Research)

This archived Tech Pro Research report, originally published in October 2015, is available for free to registered TechRepublic members. For all the latest research reports, 100+ ready-made policies, IT job descriptions, and more, check out Tech Pro Research.

From the report:

IT budgets vary in size by industry and geographical area—and even by whom the ultimate decision makers in the organization are when it comes to budget. While each company’s technology investment situation is unique, the key drivers in companies behind how technology is perceived and how much is invested are how much these technology investments can directly contribute to revenue gains and operational savings. Accordingly, technology as a competitive differentiator plays a larger role in some industries than it does in others.

When planning and budgeting for technology, those determining the initial IT budgets must also go head to head at the budget table against other business areas as they compete for a limited number of dollars. Understandably, IT budget proposals must be well researched and they must demonstrate that the technology investments they are advocating will be rapidly repaid in some kind of tangible business benefit that the company will be able to recognize. Many times these IT paybacks and results are expected in a matter of months after the technology is implemented.

Most importantly, these IT investments must deliver projects and value that either drive business revenues, cut costs or contribute to a planned build-out of an IT infrastructure that will sustain the company as it expands for the long term.

In August 2015, Tech Pro Research conducted an online survey on the key drivers and persons of IT budgetary decision making and funding in 2016 by examining the projects and business initiatives that companies are most likely to plan, and how they anticipate funding these projects. The report is drawn from 201 survey respondents who represent a cross-section of industries, global regions, and company sizes that range from very small firms to very large enterprises. A majority of respondents come from IT management.

Provided by: TechRepublic Topic: CXO Date Added: Sep 2017 Format: PDF

Find By Topic

<menuitem id="ioWZfLT"><span id="ioWZfLT"><thead id="ioWZfLT"></thead></span></menuitem>
<ins id="ioWZfLT"></ins>
<ins id="ioWZfLT"><span id="ioWZfLT"><var id="ioWZfLT"></var></span></ins>
<ins id="ioWZfLT"><span id="ioWZfLT"><cite id="ioWZfLT"></cite></span></ins><ins id="ioWZfLT"><span id="ioWZfLT"><cite id="ioWZfLT"></cite></span></ins><cite id="ioWZfLT"></cite>
<ins id="ioWZfLT"></ins>
<ins id="ioWZfLT"></ins>
<cite id="ioWZfLT"></cite>
<ins id="ioWZfLT"></ins>
<ins id="ioWZfLT"><span id="ioWZfLT"><cite id="ioWZfLT"></cite></span></ins>
<var id="ioWZfLT"><span id="ioWZfLT"></span></var>
<var id="ioWZfLT"><video id="ioWZfLT"></video></var>
<ins id="ioWZfLT"></ins>
  • 3796961518 2018-02-21
  • 3887181517 2018-02-21
  • 71931516 2018-02-21
  • 1816881515 2018-02-21
  • 7429801514 2018-02-21
  • 9729781513 2018-02-20
  • 4472501512 2018-02-20
  • 6322381511 2018-02-20
  • 3067531510 2018-02-20
  • 8702591509 2018-02-20
  • 136961508 2018-02-20
  • 7315881507 2018-02-20
  • 793831506 2018-02-20
  • 5403331505 2018-02-20
  • 5288811504 2018-02-20
  • 3519401503 2018-02-20
  • 5641911502 2018-02-20
  • 2943091501 2018-02-20
  • 997581500 2018-02-20
  • 2341701499 2018-02-20