Happy New Year!! Below are the summary bullets taken from a January 19th CNBC interview on the 2010 Gartner Survey on IT spending. Click the above title to watch the interview.
CIO Agenda Survey Results
CNBC Interview with Mark McDonald, Gartner Executive Programs Head of Research
January 19, 2010
1500 CIO’s responded which represented $120 billion in corporate and public sector IT spend
CIO’s reported that 2010 is a transitional year from recession to recovery
CIO's are shifting focus on IT on cost cutting efficiencies (2009) to driving productivity (2010)
Gartner see's a shift in tech market towards lighter weight technologies that are based upon internet services
By the numbers:
- Overall budgets were cut 8%+ in 2009 vs 2008
- IT Budgets fell to 2005 levels last year
- Spending flat for 2010 only rising 1.3% from 2009
- 2010 seen as another tough year
- 53% of those interviewed see stabilization in 2010
- 6% expect growth coming in 2010
CIO's retooling their IT organizations to be able to deliver solutions much faster to capture opportunities as the economy recovers
Strong CIO investment interest in: virtualization technologies, cloud computing and web2.0 which are technologies that are more agile and adaptive then traditional datacenter solutions
CIO’s are looking to take advantage of modernizing their datacenters after last years consolidation and cost cutting initiatives
Gartner see’s a whole new environment of tech spending opening up in a place it has never been before:
- Shift from backoffice automation and front end sales and service to a mid-office area of competing social networks
- Whole new mid office area where there are social competing technologies have the ability to transform organizations creating new sources of competitive advantage.
See you in the trenches - vmsteveo
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