CIOs Will Spend More on the Channel, Less on Staff in 2007

By Deborah Rothberg  |  Posted 01-12-2007

Spending on internal IT staff remains the largest part of IT budgets, but CIOs expect to shift more resources from staff to consultants and integrators in 2007, according to the quarterly CIO User Survey released Jan. 9 by Merrill Lynch.

CIOs expect to spend an average of 11 percent of their IT budget on external service providers in 2007, up from nine percent in the same survey one quarter prior, according to the survey.

Conversely, CIOs spent 37 percent of their budget on staff in 2006, down from 42 percent in 2005.

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Spending on internal IT staff, however, still remains the largest part of IT budgets, according to the report. Still, it has come down from 42 percent in 2005 to 37 percent in 2006.

Read the full story on Channel Insider: CIOs Will Spend More on the Channel, Less on Staff in 2007