Tech Budgets and Staffing Are in Transition
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.
40% of CIOs report to the company COO, and 27% report to the CEO. Another 22% report to the CFO.
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%
5.5% of global organizations’ total revenues are allocated to the IT budget, down from 8.1% in 2011.
45% of CIOs and other tech execs anticipate that the IT budget will increase in 2015, compared with 25% who expect a decrease.
35% of respondents said they now have fewer internal, full-time IT employees than they did in 2013, and 26% said they have more.
8.5% of the 2014 IT budget was for the offshore outsourcing of personnel and hardware/software/facilities, up from 3% in 2011.
56% of the respondents’ cloud investments will go toward internal cloud projects, and 44% will fund external cloud initiatives.
The IT staff turnover rate is 6.17%, up from 5.52% in 2011.
3.23% of the respondents’ total IT budget is set aside for education and training, down from 7.92% in 2011.