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CIO Tech Poll: IT Economic Outlook 2018
- 1. CIO Tech Poll: IT Economic Outlook May 2018
- 2. 2 Purpose and Methodology Source: CIO Tech Poll: Economic Outlook, May 2018
- 3. 3 48% 51% 54% 53% 32% 47% 51% 52% 47% 50% 53% 38% 56% 59% 50% 57% 30% 34% 28% 28% 39% 33% 26% 31% 40% 38% 35% 42% 31% 25% 38% 30% 22% 16% 18% 19% 29% 20% 23% 17% 12% 12% 12% 17% 13% 14% 12% 10% April 2010 Aug. 2010 Nov. 2010 April 2011 Aug 2011 April 2012 Nov. 2012 June 2013 May 2014 May 2015 Nov. 2015 May 2016 Nov. 2016 May 2017 Dec. 2017 May 2018 Increase Remain the same Decrease Consistent Growth in IT Investments Source: CIO Tech Poll: Economic Outlook, May 2018 Q. Will your overall IT budget increase, decrease or remain the same in the next 12 months compared to the past 12 months?
- 4. 4 Factors Causing IT Budget Shifts Source: CIO Tech Poll: Economic Outlook, May 2018 Q: To the best of your knowledge, which of the following will cause a shift in your organization’s IT budget over the next 12months? (BASE: Expect an increase or a decrease in organizations IT budget in next 12 months)
- 5. 5 Solutions for growth and innovation Other 3% Solutions to maintain the business/status quo tasks IT Budget Focused on Maintenance…For Now Source: CIO Tech Poll: Economic Outlook, May 2018; 2018 State of the CIO Q: Approximately, what percent of your organization’s current IT budget is allocated to the following? 66% 31% 88% of CIOs say that their role is becoming more digital and innovation focused
- 6. 6 4% 34% 62% 3% 28% 70% Other Solutions for growth and innovation Solutions to maintain the business/status quo tasks NA Non-NA Slight Regional Differences for Budget Allocations Source: CIO Tech Poll: Economic Outlook, May 2018 Q: Approximately, what percent of your organization’s current IT budget is allocated to the following?
- 7. 7 Security Breaches & GDPR Fueling Concern Q: In your opinion, how will the following events or trends impact your organization’s investment plans for technology products and services over the next 12 months: Source: CIO Tech Poll: Economic Outlook, May 2018 14% 16% 19% 25% 26% 30% 33% 44% 46% 27% 32% 35% 29% 30% 13% 29% 14% 38% 59% 52% 46% 47% 44% 57% 38% 42% 17% Changes in U.S. social policies (e.g., immigration policy) Changes in economic cycles outside of the U.S. (e.g., Brexit) Changes in global trade policies Actions/decisions of U.S. executive leadership Changes in U.S. economic policy and status (e.g. fluctuations in the interest rate and/or stock market) Merger and acquisition activity among technology vendors GDPR compliance/regulations Merger and acquisition activity in your own industry Threat of major information security breaches Positive impact Negative impact No impact
- 8. 8 Continue the Conversation To receive a briefing on the full results from this study, or for more information, please contact your IDG sales executive or visit www.idg.com/contact-us. To get results from CIO research when it happens, or any other news, follow us on Twitter: @AdamIDG ADDITIONAL WAYS TO STAY ON TOP OF INFORMATION FROM IDG: Sign up to receive our monthly marketing newsletter at www.idg.com Visit us on LinkedIn: https://www.linkedin.com/company/international-data-group--idg-/