Summary
This is the time of year when CIOs and their business partners are preparing their 2016 tech budget plans. To help, this report provides our current forecast for the US tech market in aggregate, by tech category, by business technology (BT) versus information technology (IT), by new project spending versus tech MOOSE, and by industry. We also provide our preliminary tech budget benchmarks for tech spending as a percentage of revenues by industry as well as the distribution of industry tech spending in 2016 by category and by BT versus IT.
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