IT Management Slideshow: IT Spending Trends

By CIOinsight  |  Posted 05-08-2009

IT Spending Trends

25% of companies will increase their IT investments this year

IT Spending Trends

IT Spending Trends - Page 2

16% will make sweeping cuts in IT spending

IT Spending Trends - Page 2

IT Spending Trends - Page 3

14% will keep spending at the same rate

IT Spending Trends - Page 3

IT Spending Trends - Page 4

47% of those surveyed said the CIO was responsible for optimizing returns on IT-related investments

IT Spending Trends - Page 4

IT Spending Trends - Page 5

20% said the board, the CEO or the CFO is responsible for optimizing returns

IT Spending Trends - Page 5

IT Spending Trends - Page 6

66% of organizations do not share an understanding of IT value across different departments

IT Spending Trends - Page 6

IT Spending Trends - Page 7

Approximately 50% of organizations are measuring IT value to some degree

IT Spending Trends - Page 7

IT Spending Trends - Page 8

29% of organizations are fully measuring the value of their IT investments

IT Spending Trends - Page 8

IT Spending Trends - Page 9

51% of organizations have a framework to prioritize IT investments based on the value they bring to the organization

IT Spending Trends - Page 9

IT Spending Trends - Page 10

69% of organizations reported that they are reaping at least 50 % to 100 % of the expected value from their IT investments

IT Spending Trends - Page 10

IT Spending Trends - Page 11

31% of respondents listed improved customer service as the top benefit received from IT investments

IT Spending Trends - Page 11

IT Spending Trends - Page 12

24% listed cost reduction as the primary value driver for IT investments

IT Spending Trends - Page 12

IT Spending Trends - Page 13

7% reported new or improved products and services as the biggest benefit

IT Spending Trends - Page 13