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Now in its fourth year, the IT Forecast indicates a continued trend of decreased spending expectations within centralized IT functions. Coming out of the economic downturn, IT leaders expected increasing budgets and spending in 2014. Going into 2016, the picture has changed significantly, with fewer IT leaders expecting growth for centralized IT budgets. However, organizations are still investing, indicating that technology spending, in the era of the digital enterprise, is distributed across the organization more now than ever before. Having ramped up investments in technology initiatives in 2014, it seems that many organizations have now reached a steady state and are evaluating results.