Organizations Plan Increase In It Spending As Economic Headwinds Mount

Omdia’s 2023 IT Enterprise Insights survey of more than 6,400 senior IT executives across 56 countries revealed that 62% of IT executives plan to increase IT spending this year. The top priorities for enterprises include generating digital capabilities, managing security, identity, and privacy, building a modern workplace, modernizing legacy systems, and adopting cloud services. The key strategic business-enabling areas include increasing revenue and budget growth, increasing operating efficiency, and improving customer experience, as well as reducing IT operating expenditures.