IT budgets rising for many in 2015

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Budget

The resulting report, Tech Pro Research’s 2015 IT Budget Trends, identified some interesting trends around who creates the IT budgets and how they’re approved. Many companies are feeling better about the economy and spending more, but they have to work harder in order to justify budget requests to get funds allocated.

Many respondents reported that IT is seen as equal to or more important than other business units within their company, and that IT budgets for 2015 will be the same, or higher, than in 2014 for eight out of ten organizations. Interestingly, emerging markets are investing more heavily in IT than developed regions such as the US or Canada.

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budget-by-region-chart

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