Survey shows IT budgets will grow slowly in 2016
According to Spiceworks' “2016 State of IT” report, IT budgets are predicted to increase by only one percent in 2016. The survey respondents included 839 IT professionals from North America and EMEA. Nearly 60 percent of respondents feel IT headcount will stay flat despite expected increases in company revenues.
Sixty-seven percent of the respondents cite technology end-of-life (EOL) as a driving force behind new hardware, software and services investments in 2016. Forty-seven percent of those planning operating system refreshed in the upcoming year plan to invest in Windows 10 and 32 percent plan a Windows Server 2003 migration. In addition, 12 percent plan a Microsoft SQL Server 2005 migration, which will reach end-of-life in April 2016.
IT spend on security hardware, software, and services will remain flat year after year with IT professionals planning to designate six percent of their IT budget to security. Fifty-nine percent of respondents don't feel that their organisation is investing enough in security and 48 percent don't feel their company data is sufficiently protected.
"The report paints a clear picture of how IT professionals expect to juggle competing priorities with only small increases in budget," said Sanjay Castelino, VP of marketing at Spiceworks. "In 2016, they'll be forced to prioritise where to allocate time and resources across their departments and more often than not, we expect they'll focus on pragmatic, 'must do' projects that keep their businesses up and running."
Additional results can be found in the complete report.