CDW: 48% of IT decision makers anticipate increased IT budgets
Forty-eight percent of IT decision makers in the private and public sectors anticipate increased IT budgets in the next six months, up 10 percentage points from this time last year, according to new research from health IT company CDW.
Conducted by independent polling firm Richard Day Research of Evanston, Ill., the current CDW IT Monitor explores data based on a survey of 1,070 IT decision makers conducted between May 21 and May 27. Despite fears in some circles of a potential “double-dip” recession, many IT decision makers appear optimistic about IT budgets heading into the second half of the year, the research found.
Along with increased optimism regarding IT budgets, IT hiring expectations are also on the rise—37 percent of IT decision makers at large companies anticipate hiring additional IT staff in the second half of 2010, up eleven percentage points since June 2009. Similarly, 29 percent of IT decision makers in the federal government sector expect to hire additional IT staff, up nine percentage points since April.
According to the report, IT decision makers additionally anticipate greater investment in hardware and software for the second half of 2010. According to the data, almost three in four (74 percent) of IT decision makers expect to replace or install software for the second half of the year, up five percentage points from June 2009. Overall, 68 percent of IT decision makers plan to install or replace hardware in the second half of 2010.
While 67 percent in large-sized businesses (1,000+ employees) reported their IT budget will increase in the next six months, small (1-99 employees) and medium-sized businesses (100-999 businesses) reported that 24 percent and 55 percent will increase their IT budget in the next six months, respectively.
“As we head into the second half of the year, optimism is beginning to extend to IT hiring expectations in some sectors,” the report concluded. “While this positive IT job outlook is still emerging and hasn’t yet translated across all sectors of the IT marketplace, it remains an encouraging indicator of future growth.”
Conducted by independent polling firm Richard Day Research of Evanston, Ill., the current CDW IT Monitor explores data based on a survey of 1,070 IT decision makers conducted between May 21 and May 27. Despite fears in some circles of a potential “double-dip” recession, many IT decision makers appear optimistic about IT budgets heading into the second half of the year, the research found.
Along with increased optimism regarding IT budgets, IT hiring expectations are also on the rise—37 percent of IT decision makers at large companies anticipate hiring additional IT staff in the second half of 2010, up eleven percentage points since June 2009. Similarly, 29 percent of IT decision makers in the federal government sector expect to hire additional IT staff, up nine percentage points since April.
According to the report, IT decision makers additionally anticipate greater investment in hardware and software for the second half of 2010. According to the data, almost three in four (74 percent) of IT decision makers expect to replace or install software for the second half of the year, up five percentage points from June 2009. Overall, 68 percent of IT decision makers plan to install or replace hardware in the second half of 2010.
While 67 percent in large-sized businesses (1,000+ employees) reported their IT budget will increase in the next six months, small (1-99 employees) and medium-sized businesses (100-999 businesses) reported that 24 percent and 55 percent will increase their IT budget in the next six months, respectively.
“As we head into the second half of the year, optimism is beginning to extend to IT hiring expectations in some sectors,” the report concluded. “While this positive IT job outlook is still emerging and hasn’t yet translated across all sectors of the IT marketplace, it remains an encouraging indicator of future growth.”