Also see: IT Salary 2018
And: Top 10 Factors that Influence Your IT Salary
Spiceworks had some welcome news for CIOs and the IT pros who answer to them today at its Spiceworld conference here in Austin, Texas. A “budgetary bounty” awaits them in 2018, discovered the company.
Forty-four percent of organizations expect their IT budgets to rise over the next 12 months and 43 percent expect their budgets to hold steady, according to the company’s newly-released (and pirate-themed) State of IT survey of over 1,000 IT buyers in North America and Europe. On average, those expecting bigger IT budgets predict gains of 19 percent. Only 11 percent of respondents said they anticipated a decrease.
Many of those IT departments can expect their headcounts to swell, too.
Forty-five percent of respondents predict an increase in IT staffing in 2018, while 48 percent are expecting their staffing levels to remain steady. Only three percent said they expect to shed some staffers.
Sixty percent of organizations expect their companies to post revenue gains and nearly a quarter (24 percent) expect sales to stay steady. Only nine percent said they expected their revenues to drop.
Cloud providers also have reason to smile.
“Fifty-five percent of our respondents said their cloud budgets were increasing, and of overall IT budgets, 21 percent of that money is going to cloud services,” Peter Tsai, senior IT analyst at Spiceworks, told Datamation. It’s a pretty significant figure, he added, considering that the cloud is narrowing the gap with software (26 percent). Hardware is expected to soak up 31 percent of IT budgets and managed services providers will take home 15 percent.
In the hardware category, spending on desktops PCs (17 percent) will slightly outpace laptops (15 percent), followed by servers (13 percent) and networking equipment (eight percent). On the software front, operating systems (11 percent) take the lead, followed by security software (10 percent), productivity software (10 percent) and virtualization (nine percent).
Meanwhile, businesses will continue to turn to the cloud for some critical workloads.
Cloud infrastructures are attracting the communications and collaboration workloads (42 percent) of many businesses, followed closely by backup and disaster recovery (41 percent). The cloud is also becoming the go-to source of productivity solutions (29 percent) for a growing number of companies.
Technology trends to watch include IT automation and advanced security, each of which currently enjoy adoption rates of roughly 40 percent. Businesses are also investing in software-defined storage and virtual storage area network (SAN) technologies (30 percent).
Some emerging technologies have already gained a foothold at many organizations. Twenty-nine percent have adopted Internet of Things (IoT) solutions, followed by virtual reality (VR) at 18 percent and artificial intelligence (AI) at 13 percent.
More insights are available here.
Pedro Hernandez is a contributing editor at Datamation. Follow him on Twitter @ecoINSITE.
Huawei’s AI Update: Things Are Moving Faster Than We Think
FEATURE | By Rob Enderle,
December 04, 2020
Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
Key Trends in Chatbots and RPA
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
The Super Moderator, or How IBM Project Debater Could Save Social Media
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
CIOs Discuss the Promise of AI and Data Science
FEATURE | By Guest Author,
September 25, 2020
Microsoft Is Building An AI Product That Could Predict The Future
FEATURE | By Rob Enderle,
September 25, 2020
Top 10 Machine Learning Companies 2020
FEATURE | By Cynthia Harvey,
September 22, 2020
NVIDIA and ARM: Massively Changing The AI Landscape
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
Continuous Intelligence: Expert Discussion [Video and Podcast]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
Artificial Intelligence: Governance and Ethics [Video]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI
FEATURE | By Rob Enderle,
September 11, 2020
Artificial Intelligence: Perception vs. Reality
FEATURE | By James Maguire,
September 09, 2020
Anticipating The Coming Wave Of AI Enhanced PCs
FEATURE | By Rob Enderle,
September 05, 2020
The Critical Nature Of IBM’s NLP (Natural Language Processing) Effort
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
August 14, 2020
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.