CIOs Anticipate Bigger Budgets in 2015

Published: Dec 1, 2014
Updated: May 12, 2021
1 minute read

CIOs Anticipate Bigger Budgets in 2015

Upward Trend

Upward Trend

CIOs surveyed anticipate a 3.3% increase in budget spending for 2015, up from 3% growth this year.

Static Situation

Static Situation

CIOs project just .8% growth in IT staffing next year, down from 4.3% in 2014.

Creative License

Creative License

33% of 2014 IT budgets have been funding innovation and business opportunity initiatives, up from 31% last year.

Consumer-Focused

Consumer-Focused

17% of the current year’s IT budget is supporting end-customer experience efforts, up from 15% in 2013.

Taking Charge, Part I

Taking Charge, Part I

58% of CIOs now “own” non-IT activities (such as procurement), up from 44% in 2013.

Taking Charge, Part II

Taking Charge, Part II

30% of CIOs now “own” business analytics, up from 15% last year.

Cloud Forecast

Cloud Forecast

91% said their organization is using some form of a cloud solution, and more than a third are allocating at least 6% of IT spending to the cloud.

Broad Impact

Broad Impact

36% of CIOs said their organization is deploying end-to-end IT services.

Enterprisewide View

Enterprisewide View

Finance departments are devoting 4.5% of their budgets to tech spending, while HR is setting aside 4.3% and marketing is allocating 4%.

Dennis McCafferty

Dennis McCafferty

Content Writer

Dennis McCafferty, a writer for eWeek, Baseline and CIO Insight, has more than 20 years of experience as a writer. He has covered a variety of technology and business topics for a number of publications, including those of Ziff Davis. Dennis was also an editorial staffer for USA Weekend, the nation’s second-largest magazine, with more than 22 million readers.

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