Tech Budgets and Staffing Are in Transition

Tech Budgets and Staffing Are in Transition

Five-Year PlanFive-Year Plan

The average CIO in the survey has been in his or her current position for 4.6 years, which is about the same as it was in 2011.

Chain of CommandChain of Command

40% of CIOs report to the company COO, and 27% report to the CEO. Another 22% report to the CFO.

How CIOs Spend Their TimeHow CIOs Spend Their Time

Interacting with non-IT, C-level execs: 13.3%, Overseeing IT priorities/strategies: 12.7%, Interacting with internal IT staffers: 11.9%, Working on business priorities/strategies: 10.9%, Managing IT operations: 10.7%

Smaller ShareSmaller Share

5.5% of global organizations’ total revenues are allocated to the IT budget, down from 8.1% in 2011.

Net GainNet Gain

45% of CIOs and other tech execs anticipate that the IT budget will increase in 2015, compared with 25% who expect a decrease.

Net LossNet Loss

35% of respondents said they now have fewer internal, full-time IT employees than they did in 2013, and 26% said they have more.

Outward BoundOutward Bound

8.5% of the 2014 IT budget was for the offshore outsourcing of personnel and hardware/software/facilities, up from 3% in 2011.

Inside-OutInside-Out

56% of the respondents’ cloud investments will go toward internal cloud projects, and 44% will fund external cloud initiatives.

Growing ExodusGrowing Exodus

The IT staff turnover rate is 6.17%, up from 5.52% in 2011.

School's OutSchool’s Out

3.23% of the respondents’ total IT budget is set aside for education and training, down from 7.92% in 2011.

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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