(Length: 8 pages)
This document includes Business Data

November 7, 2003

CIOs Still Have A Cautious Outlook For 2004 IT Budgets

by Tom Pohlmann

with Andrew Bartels, Christopher Mines, Tamara Mendelsohn


Executive Summary (This is a document excerpt)

This is the first brief in the "2004 IT Outlook" series. IT execs have yet to factor positive economic news into their 2004 budgets, on average planning only 1.7% increases over 2003. We estimate that actual IT spending will catch up with the economy and grow by 4%. Consumer sectors, eCommerce and security initiatives, and pent-up demand for servers and PCs will lead the way.

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Figures & Data
  • Figure 1.  Cautious Budget Outlooks For 2004
  • Figure 2.  Categories Of IT Spending Growth Compared With This Period In 2002
  • Figure 3.  Risk Mitigation Strategies Move To The Top Of The CIO Wish List
  • Figure 4.  Preliminary Estimates Of Future US IT Spending
   

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Technology: IT Management, IT Spending & Budgeting
Industry: High-Tech, Tech Sector Economics
Geography: North America