IT buyers look forward to bigger budgets
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Enterprises expect to increase their technology budgets by an average of 2.7% over the next six to 12 months, according to market analyst Aberdeen Group's latest quarterly survey of CIOs and other IT decision-makers.
Enterprises expect to increase their technology budgets by an average of 2.7% over the next six to 12 months, according to market analyst Aberdeen Group's latest quarterly survey of CIOs and other IT decision-makers. That growth rate is down 1% on last quarter, when CIO's said they expected their overall IT budgets to increase by 3.7%.
According to Aberdeen Group, although the average 'intent' to purchase has increased across the sample, the 'priority' to purchase has decreased, meaning that companies will take longer to move to formal evaluation or purchase.
Those areas that look set to command the greatest investment include application development tools, security products and enterprise application integration software. In terms of application software, the top five categories in terms of 'intent to purchase' were content and document management applications; query, reporting and analysis tools; project management software; web management applications; and web analytics.
With the exception of mainframes, says Aberdeen, enterprises also expect to increase spending in all hardware categories during 2003.
