Hey, good news! More than half of IT leaders (58%) believe their company’s revenue is going to increase in 2015 from where it was last year. Naturally that means technology budgets will follow suit and IT will finally have a little breathing room to make some much-needed upgrades, right? Let’s hold on a minute before we pop the cork on that champagne, shall we?
The 2015 IT Budget Report from Spiceworks was a mixed bag for IT leaders who’ve spent the last few years working under the directive to do more with less or the same. On the one hand, IT is optimistic in the report about the financial status of their companies as a whole. However, they’re considerably less bright-eyed about their own department’s finances. In fact, just 33% of those surveyed expect their IT budgets to increase from 2014 levels. Roughly 45% predict their budgets will stay the same this year, while 12% think theirs will decrease. [Read more…] about IT Budgets Getting Tighter in 2015: How to Manage