Nearly 50 percent of business leaders expect an increase in their IT budgets, survey finds
A recent study has found nearly 50 percent of business leaders expect their IT budgets to increase during the second half of 2010.
The CDW IT Monitor, which polled 500 decision makers from firms of all sizes in various sectors, revealed 48 percent of respondents project to have more funds allocated for IT spending during the next six months.
The increased spending appears to be dedicated to hardware and software purchases, as more than 74 percent of decision makers said they plan to replace or install new technology to improve business operations.
As companies look to reduce their expenses as a way of recovering from the recession, many have invested in sustainable green technology, such as an energy-saving computer, an LED monitor or a mercury-free
USB projector. Using these devices allows businesses to operate more efficiently and with less energy usage.
The survey also found the increase in spending may also lead to new hires, with 37 percent of surveyed business leaders planning to add more IT staff in the second half of 2010.
A recent survey of small business owners found the majority of company leaders are embracing clean-energy initiatives. Sixty-one percent of respondents said clean-energy technology can rescue the economy and provide more jobs.
