Trends Report

The 2018 Outlook For US Industries And Their Tech Budgets

Chemicals And Insurance Lead The Way; Government And Media And Entertainment Are Lagging

December 13th, 2017
AB
Andrew Bartels
With contributors:
Matthew Guarini , Robert Valdovinos , Ian McPherson

Summary

As CIOs and their business partners develop their tech budget plans based on their business' strategy and requirements, it can be useful to look at what other firms are doing, especially firms in their own industry. So, in this report, we provide our forecasts by industry and high-level tech budget benchmarks for tech spending as a percentage of revenues by industry. We also address each industry's tech spending by category and the split between business technology (BT) and back-office technology spending.

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