IT Budgeting Stats, Trends and Best Practices

By Dennis McCafferty  |  Posted 09-02-2014 Email

More than ever, today's CIOs must combine impact-worthy strategic contributions which reflect equal parts business and tech insights. As previously reported, marketing is expected to take on greater ownership of IT budgeting. So to continue advancing as vital, senior-level contributors within their organizations, CIOs have to closely align with business-side executives and users to get a sense of specific pain points which IT acquisitions can address, as well as the capabilities which are most in demand. To elaborate upon these concepts, we're presenting the following collection of IT budgeting stats, trends and best practices. They reflect the big picture in terms of overall spending direction. But they also address the various ways in which CIOs can leverage the financial-planning process to raise their profiles as valued leaders. (Hint: You'll increase your internal fan base by expanding mobile app investments.) Our stats, trends and best practices were compiled from a variety of online resources and reports, including those presented by TEKsystems and CEB. For more about the TEKsystems report, click here. For more about CEB's report, click here.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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