Advanced Search

Save Or Share This Report

For CIO Professionals

2007 Enterprise IT Budget Outlook: Europe

Business Data Services Europe

March 2, 2007

Authors

  • By Sonoko Takahashi,
  • Thomas Mendel, Ph.D.
  • with Chris Townsend,
  • Ellen Daley,
  • Daniel Krauss

Why Read This Report

European enterprises have a more positive outlook about 2007 than in the previous two years. Despite the increased optimism, IT budgets show modest growth of just 0.7%. However, there will be more budget available for new investments, as well as for R&D and security. Three major themes for IT organizations are: upgrading the security environment; improving IT's efficiency; and curtailing IT services spending. Firms expect to increase their spending on software and hardware more than on IT services. Almost 40% of firms apply financial justifications to all projects that involve significant costs. To obtain approval and to make the business case, most firms look at return on investment and total cost of ownership.

Get Access

Already a Client?

Log in to read this document.

Become a Forrester Client

Timely and relevant, Forrester's RoleView research aligns to 13 leadership roles across business and technology management. Our expertise in customer experience, mobile, digital business, and big data will help your teams win in the age of the customer. Contact us to learn more.

Purchase Report

This report is available for individual purchase ($2495 USD).

Purchase

Table of Contents

  • European Enterprise IT Spending In 2007
  • IT Budget Growth Will Be Small
  • Increasing IT's Impact On Business Is Critical
  • Software Spending Will Expand Most In 2007
  • IT Services Spending Will Be Under Scrutiny
  • Financial Justification Is A Must For Projects
  • Using The Data
  • Supplemental Material

Recommended Research