January 19, 2012
IT budgets are projected to expand only marginally this year, but enterprise executives still expect CIOs to implement new technology that improves business efficiency and the customer experience.
Gartner, a global IT research and advisory firm, recently survey 2,335 CIOs from 45 countries regarding their business and technology priorities for the next 12 months. According to the report, IT budgets in North American and Europe will decline, while globally budgets will rise just 0.5 percent. However, CIOs and IT departments are still charged with adding several technologies, such as mobile devices and cloud computing.
"Applying technology as part of amplifying the enterprise reflects both the changing nature of business strategies, and executive expectations about the role of technology in realizing those strategies," said Mark McDonald, group vice president for Gartner Executive Programs.
Cloud computing is the third-ranked technology priority of CIOs, the report said, behind only mobile technologies and analytics and business intelligence. CIOs hope these innovations can support their business goals, which include increasing enterprise growth and reducing operation costs.
Minimizing IT costs is one of the top catalysts of cloud adoption, and limited budget growth has made transitioning services to the cloud more important for businesses. According to a recent survey, 52 percent of businesses report increased data center efficiency after implementing the cloud, while 47 percent experienced lower operating costs.
-McAfee Cloud Security