How Will Your 2015 IT Budget Compare to Last Year’s?

503916615New year data is starting to trickle in, and it looks like, despite rising revenue and no shortage of IT initiatives ahead, many of us may find ourselves in a “do more with less” situation this year.

Spiceworks, whose professional network serves more than six million IT professionals, recently released its 2015 IT Budget Report, with some interesting findings. Of the 600 IT pros who responded to this Voice of IT survey:

  • More than 50% expect their revenue to increase in 2015.
  • 33% expect to see an increase in their IT budgets in 2015, down from 42% last year.
  • Just 25% expect their IT staff headcount to increase in 2015.

From a geographical perspective, the total average budget for North American companies is higher than EMEA, averaging $303,879 versus $242,040, respectively, cites the report.

The Spiceworks’ survey also looks at the “focus of spending,” or the types of projects in which companies expect to invest this year (e.g., hardware, software, hosted/cloud services projects and managed services), how much of this spend will be new versus recurring, as well as the top IT priorities for the year ahead.

To drill down further or download a copy of the full report, go to the Spiceworks’ website:

Happy reading!

About the Author: Heidi Biggar