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In July and August 2011, the Corporte Executive Board fielded the 2011–2012 IT Budget Benchmarking Survey to assess IT spending, staffing, and outsourcing levels at more than 175 organizations globally, representing roughly US$38 billion in IT spend.

Executive Summary

• Budget growth will be scaled back after 2011 rapid rises. 2011 was a unique year for
  IT budgets. Many organizations saw double-digit increases as they addressed a backlog
  of projects built up during the recession. With the buildup largely cleared and renewed
  economic uncertainty looming, 2012 opex budgets are expected to grow by a modest
  2.9%. Capex will grow by 5.1% in North America and shrink by 14.2% in Europe.

• Information management projects outstrip process automation projects. In 2011,
  information management projects accounted for more of the IT project budget than
  process automation. This shift is expected to accelerate in 2012.

• A majority of organizations plan to adopt an integrated IT service model.
  Fifty-four percent of organizations plan to offer at least some end-to-end IT services by
  the end of 2012.

The Corporate Executive Board identifies the best business solutions to challenging functional and IT management problems facing CIOs. Its solutions are vendor independent and sourced from a vast executive network that spans the C-suite.

Vendor:

TechTarget ComputerWeekly.com

Posted:

Feb 8, 2021

Published:

Nov 21, 2011

Format:

PDF

Type:

IT Briefing