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What Can We Learn from Tech Leaders' Projected Spend in 2022?

March 30, 2022

Learn how company leaders expect technology investments and strategy will impact their digital transformation journey.

It’s crucial to make thoughtful technology investments today to stay poised to respond to shifting market realities over the next five years. Companies without a clear digital transformation and IT spending strategy will watch the gap widen further between themselves and the competition.

In the TEKsystems 2022 State of Digital Transformation report, we learn where digital leaders and laggards are spending their time and money—and when they expect returns on those IT and business investments.

Most Impactful Technology Investments


When asked which digital technologies had the most potential to significantly improve the way their business operates over the next 12 to 24 months, respondents had top preferences:

Collaboration Technologies & Tools |  51%

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Cloud Computing | 49%

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Data Analytics | 45%

We continue to recognize the intrinsic relationship between business transformation and technology innovation investment. Deploying digital strategies that drive business value creation through technology innovation is going to drive industry leadership. Companies must determine and relentlessly work toward those outcomes, powered by their workforce and technology, to drive industry leadership, attract and retain customers, and sustain and grow market position.

Ram Palaniappan Chief Technology Officer, TEKsystems Global Services

Key Technology Challenges in DX Efforts

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Survey respondents identified challenges in their digital transformation journey, including complex technology environments and silos.

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Companies struggle to translate their digital transformation investments into business value because they have disconnected teams and data sources. Once teams share a clear view of the data, they unlock better returns on their technology investments.

87%

of digital leaders agree that their organization’s ability to compete in the market is greatly dependent on the flexibility of their technology architecture.

Discover some key findings in the report:

  • Technology spend per DX initiative
  • ROI timelines on tech investments per digital leaders vs. laggards
  • Challenges company leaders cite in their digital transformation journey

See how your digital transformation strategy and investments compare. Are you a digital leader or a digital laggard?

Read the Report
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