IT budgets: 52% of CIOs reported diminished 2009 budgets, but only 28% for 2010
- Date: November 10th, 2009
- Author: Jason Hiner
- Category: IT budget, IT leadership, IT management, IT strategy
- Tags: Budget, IT Budget, CIO, Information Technology, Chart, Strategy, Management, Jason Hiner
As part of the “IT Trend Survey” released at SIMposium 09 in Seattle on Monday there was a report from CIOs on budget levels for 2009, and projections for 2010. It was no surprise to see that budgets fell off a cliff in 2009, with 52% reporting 2009 budgets that were smaller than 2008.
The good news was that a smaller number of CIOs are projecting further budget cuts for 2010. Only 28% said that 2010 budgets would be less than 2009, while 45% project budgets as flat from 2009 to 2010. Check out the charts below.
Here is the chart comparing 2009 to 2008:
Here is the chart comparing 2010 to 2009:
Jason Hiner is the Editor in Chief of TechRepublic. Previously, he worked as an IT Manager in the health care industry. You can find him on Twitter, LinkedIn and at JasonHiner.com. To see the gadgets and personal tech he uses, view his gdgt profile.
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How will your 2010 IT budget compare to 2009?
Jason Hiner | 11/10/09
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