ITtoolbox Spending Survey Shows IT Spending On The Rise
The results of the second annual ITtoolbox IT Spending Survey demonstrate that IT budgets have increased over 2003. The survey, which was sponsored by Hewlett-Packard, was conducted by ITtoolbox, the leading provider of information for professionals in the IT workplace. The purpose of the survey was to provide insight into current and future purchasing trends of corporate IT departments worldwide.
SCOTTSDALE, AZ (PRWEB) June 28, 2004 -- The results of the second annual
ITtoolbox IT Spending Survey demonstrate that IT budgets have increased over
2003. The survey, which was sponsored by Hewlett-Packard, was conducted by
ITtoolbox, the leading provider of information for professionals in the IT
workplace. The purpose of the survey was to provide insight into current and
future purchasing trends of corporate IT departments worldwide.
IT
decision-makers were recruited directly from the global ITtoolbox network to
participate in this online survey. Each participant was asked a series of
questions regarding technology purchasing trends, annual budget allocations, and
strategies behind IT purchasing decisions. The survey also measured the level at
which Linux-based applications are gaining acceptance within
companies.
The survey's results demonstrate that IT purchasing budgets
are largely on the rise, with 53% of participants citing budget increases in
2004 over 2003 levels. In comparison, only 45% of participants in last year's
survey cited budget increases from 2002. While Business Intelligence software
was the most popular technology implementation in 2003, wireless applications
ranked top in 2004. Some other key findings include:
Competitive
advantage was cited as the top strategic reason among companies for making IT
purchasing decisions.
Replacement of desktop PC's was the top area of
technology targeted for budget allocation decreases within the next
year.
34% of participants indicated that Linux-based applications are
gaining acceptance within their companies.
"Results for the 2004
ITtoolbox IT Spending Survey agree with other recent industry data that indicate
IT budgets are finally waking up from a multi-year hibernation," says George
Krautzel, President of ITtoolbox.
You are invited to review the results
of the 2004 ITtoolbox IT Spending Survey at:
http://EmergingTech.ITtoolbox.com/research/HP1LG.asp?survey=HP1_survey
About
ITtoolbox
Headquartered in Scottsdale, Arizona, with offices in Pennsylvania
and Texas, ITtoolbox is a diversified IT media, services, and research company
employing an exciting and aggressive business model to support traditional
business needs. ITtoolbox maintains a leading online knowledge network for the
IT industry, serving millions of IT and business professionals globally.
ITtoolbox has been profitable since 1999 and has a client list that includes the
world’s largest and most successful technology vendors. For more information,
visit www.ITtoolbox.com
.
Contact:
Heather M. Phelps
610-695-0560
x32
e-mail protected from
spam bots
# # #
Source : http://www.prweb.com/releases/2004/6/prweb137079.htm