Thirty-seven percent of IT leaders expect budget increases in 2016, a slight drop from the previous year (45 percent).
Technology funding is decentralized—58 percent of IT leaders expect functional areas other than IT to spend the most on technology in 2016.
IT leaders’ confidence in their department’s ability to meet overall organizational demands has diminished for the first time in four years.
Seventy-five percent of IT leaders are confident in their IT department’s ability to meet core IT demands. However, only 60 percent of IT leaders are confident in their IT department’s ability to meet line of business demands and only 54 percent are confident in their ability to meet the demands of new initiatives.