Efficiency, growth driving IT spending
11 July 2011 13:32:41
A new study from PricewaterhouseCoopers revealed that businesses in the United States plan to increase their IT budgets, with more funds going toward technology that improves efficiency and generates growth.
According to the report, 29 percent of surveyed companies plan to increase their IT budgets in the next 12 months, and many will invest in such technologies as cloud computing and virtualization.
Among the companies deemed "trendsetters" by PwC, innovation and maintenance will be the two areas of IT that receive the greatest focus. However, many companies also plan to invest in information security, enterprise mobility and next-generation data management solutions.
"As private companies increasingly view these markets as places to sell rather than just as sites for low-cost sourcing and manufacturing, they'll need to have digital channels in place to deliver products and services efficiently and effectively," said PwC Private Company Services partner Ken Esch in a statement.
A separate report from Gartner also found IT spending is expected to increase this year. According to the research firm, global IT spending will reach $3.6 trillion in 2011, a 7.1 percent increase from 2010.
-McAfee Cloud Security
