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IT Economic Outlook
May 2018
Purpose and Methodology
59%
57%
54% 56%
53% 51% 53%
51% 52% 50% 50%
48% 47%
47% 42%
39% 40% 38% 38%
34% 35%
33% 31% 31%
38% 30%
30% 28% 28%
32% 26% 25%
29%
22% 23%
12%
18% 19% 20% 10%
16% 17% 17%
13% 14%
12% 12% 12%
April 2010 Aug. 2010 Nov. 2010 April 2011 Aug 2011 April 2012 Nov. 2012 June 2013 May 2014 May 2015 Nov. 2015 May 2016 Nov. 2016 May 2017 Dec. 2017 May 2018
Q. Will your overall IT budget increase, decrease or remain the same in the next 12 months compared to the past 12 months?
Q: To the best of your knowledge, which of the following will cause a shift in your organization’s IT budget over the next 12 months? (BASE: Expect
an increase or a decrease in organizations IT budget in next 12 months)
88%
Solutions for
growth and
of CIOs say that
Solutions to innovation their role is
becoming more
maintain the
business/status
31% digital and
quo tasks
innovation focused
66%
Other
3%
Q: Approximately, what percent of your organization’s current IT budget is allocated to the following?
Source: CIO Tech Poll: Economic Outlook, May 2018; 2018 State of the CIO 5
Slight Regional Differences for Budget Allocations
28% NA
Solutions for growth and innovation
34% Non-NA
3%
Other
4%
Q: Approximately, what percent of your organization’s current IT budget is allocated to the following?
Merger and acquisition activity in your own industry 44% 14% 42%
Merger and acquisition activity among technology vendors 30% 13% 57%
Changes in U.S. economic policy and status (e.g.
26% 30% 44%
fluctuations in the interest rate and/or stock market)
Changes in economic cycles outside of the U.S. (e.g., Brexit) 16% 32% 52%
Changes in U.S. social policies (e.g., immigration policy) 14% 27% 59%
Q: In your opinion, how will the following events or trends impact your organization’s investment plans for technology products and services over
the next 12 months:
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