A recent survey by the Society for Information Management indicated that corporate IT departments plan to increase their IT budgets and salaries in 2011, and invest more in cost-saving technology.
SIM conducted the survey of 172 CIOs, CTOs and senior IT executives from 172 U.S. companies and plans to release its findings at the SIMposium2010 conference in October.
Of the respondents, 73 percent indicated that their IT budgets will stay the same or increase in 2011, while 91 percent said salaries would remain the same or rise.
The survey found that, despite bigger budgets, cost-saving technologies are a major investment for many companies. Investments in technology such as cloud computing, green technology or a
business projector allow businesses to reduce long-term costs and operate more efficiently.
A recent Cleantech Group report found that companies are embracing clean-energy technology in 2010. In the first half of 2010, global venture capital investment in green technology reached more than $4 billion, exceeding the record set in the first half of 2008.
