Where are CXOs placing their bets for 2017?

Responses to a recent Tech Pro Research poll indicate that IT budgets are up from last year and securing networks is a top priority.

According to a recent online poll conducted by Tech Pro Research, improving security and increasing the availability and performance of network infrastructure are among top budgeting priorities for IT leaders in the next year. More information about budgets for fiscal and calendar year 2017 are in the infographic below:

Image: Erik Underwood/TechRepublic

For the calendar and fiscal year 2017, it looks like the majority of IT budgets are larger than last year. In an online survey conducted by Tech Pro Research in July, 61% of respondents said their company’s budget will increase. Most in that category said the increase would be small, between 1-10%, but that’s growth nonetheless.

Another important takeaway from this research is that, when creating their budget, companies are prioritizing the same issues as last year. Respondents said their top priorities are still improving efficiency and businesses processes, achieving network security, and increasing productivity through technology. Consequently, the top initiatives planned for the upcoming year are improving security, improving applications to better fit business processes, and improving the availability and performance of network infrastructure.

Other findings from this survey include the amount of tech spending that doesn’t come out of IT budgets, major IT challenges for the upcoming year, and how vendors can help companies with the budgetary process. To learn more, download the full report.

Source: – ZDNet

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