CIO Survey: IT spending cools slightly in September
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Some 250 CIOs surveyed last month by CIO magazine said they expect their IT budgets to grow by 7.4% during the next year, down slightly from the 8.9% spending increase respondents predicted in August.
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Growth in U.S. factory activity slowed  more than expected in September to its lowest since May, 2005,  with dips in measurements of employment and prices paid,  according to a survey published on Monday.
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Annual growth in workers&#39; pay slowed unexpectedly in the three months to September to its lowest this year, official data has shown, providing more
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Growth in the vast U.S. services sector slowed in September, with a significant decrease in prices paid but a solid employment component, according to an industry survey published on Tuesday.
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IT spending in Western Europe is lagging behind the rest of the world, according to figures unveiled at Gartner&#39;s annual Symposium IT Expo in Cannes this week.
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Consumer spending rebounded in September and manufacturing activity expanded in October, though at a slower pace than in the previous month, providing further
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Knowledge@Wharton goes inside the IT conundrum to examine why capital spending--and corporate confidence--remains low.
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The latest Tech Poll from CIO Magazine indicates that IT spending next year will rise -- but not as fast as CIOs thought earlier this year. A separate study from Equs Group Inc. paints a rosier IT spending picture.
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US spending on information technology goods, services, and staff will grow seven percent in 2005 and continue at a similar pace through 2008, according to a study released Monday by Forrester Research.
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The report comes amid rising investor concern about the impact of a possible slowdown in computer spending during the first half of the year.
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The tech sector can't pop open the bubbly yet, since pink slips are flying and shipping jobs overseas is as en vogue as 1980s fashion trends. But there are signs of growth that give reason to at least put the champagne on ice, with PC sales rising and small businesses planning to plunk down serious cash on technology purchases, according to a new batch of studies.
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U.S. technology executives are  increasingly optimistic about the business climate, although  plans for increased technology spending remain modest,  according to a study released on Monday.
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(InfoWorld) - SMBs in North America expect to increase their IT spending by an average of only 2 percent this year after boosting spending 8 percent in 2006, according to a Forrester Research survey. The survey of about 1,200 businesses with six to 999 employees released Tuesday showed that 62 percent of them have an optimistic outlook for their companies this year, up from 46 percent in a 2006 survey, but that doesn't translate into significantly more IT spending, said analyst Michael Speyer. "Last year's spending increased fairly robustly. The ... market is telling us now, 'Guess what? We're going to keep it steady now,'" Speyer said. IT spending will focus on new hardware purchases and added personnel. Hardware spending is expected to focus on replacing or upgrading servers and the regularly scheduled replacement of about 25 to 30 percent of companies' desktops and workstations. Software purchases will be mostly of network security and Web application products. Twenty percent of IT managers surveyed said improving the efficiency of their IT systems is a top priority, and 33 percent of them are focused on measuring the impact of their IT spending on business performance. Although virtualization is a big trend in IT, SMBs are less focused on it than are large enterprises, Speyer said. Virtualization, which, among other things, makes it easier to run multiple software applications simultaneously on one physical server, enables a company to consolidate the number of servers it operates. But SMBs are less likely to use virtualization for server consolidation because the potential savings are not as great as in enterprises. "If you look at a typical midmarket company, anything from 12 to 17 servers, there's not a whole lot of hardware there. Where server consolidation plays out is in the enterprise space where you have hundreds of servers," he said. Although SMBs may do some server consolidation, they may still buy some new servers for disaster recovery and security purposes and to run new software applications, the survey said. And although new technology is supposed to increase automation, SMBs will devote 29 percent of their IT budgets to full-time IT staff, the highest of any spending category, including hardware, software, and networking equipment. As IT systems grow, they get more difficult to manage, but SMBs don't have the in-house staff to manage systems as an enterprise does, Speyer said. So while they may have to hire more full-time employees or part-time contractors, they may also turn to system integrators or value-added resellers to take over some management functions. IT spending also varied by industry sector. Spending is expected to rise most steeply in the telecommunications sector (7 percent), business services (5 percent), and finance and insurance (3.4 percent). It is expected to decline in the manufacturing sector (-0.6 percent) and the media, entertainment, and leisure sector (-0.9 percent).
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Blog: News last week that Cisco, EMC, and Microsoft are working on Secure Information Sharing Architecture was an exception to the industry tendency to save the juicy stuff for September.
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A recent UBS survey of chief information officers found corporate spending on industry standard servers would grow 17 per cent over 2004, compared with estimates for overall 2005 IT spending growth of about 5 per cent.
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Businesses are planning to scale back their IT spending in the third quarter of 2007, according to a survey released Friday by an investment research firm.
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ATLANTA, June 6  /PRNewswire/ -- A net 14 percent of chief information officers (CIOs) in the Atlanta area expect to hire information technology (IT) professionals in the third quarter of 2007, according to the most recent Robert Half Technology IT Hiring Index and Skills Report.