Budgets on the rise
The economy's slow but steady climb towards positive growth is giving organizations the confidence to bolster spending, and IT leaders believe they will benefit from that shift in thinking.
Some 62% of IT leaders surveyed expect to see an increase in their 2014 IT budgets, compared to last year when only 48% anticipated budget increases. At the same time, leaders expecting budget decreases dropped from 16% last year to just 12% for 2014.
That's good news for IT leaders who spent the last six to 12 months building plans and making commitments to the business side of the house, the report points out, because in 2014 they'll be expected to deliver on those promises.