IT budgets are up, and so is demand for new technology projects, according to the 2012 edition of InformationWeek's annual Outlooksurvey. Fifty-six percent of respondents say their companies plan to increase tech spending in the coming year, up from 46% two years ago. Three-quarters of respondents see heightened demand for new IT projects, up from about half in our Outlook 2010 survey. This budget growth builds on last year's momentum, while strong demand for tech projects is a positive sign for overall business expansion and investment.
-- Two years ago, the IT hiring picture was bleak: Just 14% of companies were expanding compared with 18% making cuts. Today, 25% are expanding vs. just 9% cutting back.
-- 23% say IT is viewed as a business driver and is therefore asked to cut spending less than other departments.
-- 49% of respondents say their companies will increase spending on data center software next year compared with just 9% cutting that spending; 42% say they will increase spending on data center hardware, while 12% will cut.
-- Tech pros are changing their tune about tablets: 51% of IT pros last year "strongly disagreed" that their companies would give tablets to even 10% of employees who normally would get a PC. Now just 35% of respondents are that deeply skeptical.
More information on IT can be found at www.SupportIndustry.com