CIOs report that spending is on the rise

IT leaders expect to see bigger technology budgets in the coming year, according to CIO’s most recent Tech Poll. However, while spending in key areas is up, CIOs aren't buying into all the buzz-worthy trends.

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IT leaders will see bigger technology budgets in the coming year, according to CIO’s most recent Tech Poll, which is conducted regularly to gauge IT spending and stages of implementation in key technology categories.

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Click on the link at the end of this article to download survey results.

Not only are tech budgets bigger, this year IT spending is rising more than it has in the past six years, according to our survey of 211 IT executives. Fifty-seven percent of respondents will see an overall budget increase in the coming year, up from 53 percent and 51 percent the previous two years, respectively.  IT budgets are expected to rise an average of 6.2 percent, up from 5.2 percent a year ago and 3.9 percent in November 2012.

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