This report is brought to you by Info-Tech Research Group Inc. To learn more about Info-Tech, visit www.infotech.com.
Info-Tech Research Group's 2007-2008 IT Budget & Staffing Report draws on a sample of 1,712 IT decision makers and presents benchmarks for assessing budget and staffing levels for your organization. The results include a broad representation of enterprise sizes ranging from small to midsized to large, across nine industry sectors.
This report provides analysis of trends across all survey respondents and identifies critical issues that IT decision makers should consider in their budgetary planning. Findings and analysis are grouped into three sections:
- Make wise use of external benchmarks. Info-Tech's budget and staffing reports provide a rich and detailed view of staffing and spending patterns across nine industry verticals. New benchmarks include estimated increases/decreases in spending and staff, as well as staff turnover estimates. There is also a new size variable -- number of PCs. However, Info-Tech recommends that great care be taken in using this data. Five key principles for benchmarking will be reviewed.
- Moderate spending increases amidst strong growth. IT departments are increasing their spending by a moderate 4.5% overall in 2007-2008. Overall revenue growth has been strong. Primary industries, business and professional services and financial services are more likely to be increasing spending. Government and education sectors are least likely to be increasing spending. We'll look at how growth impacts budget flexibility and spending patterns.
- Innovators and integrators associated with higher revenues. Innovators focus on the use of technology to improve competitiveness and enterprise revenue potential. Innovator IT departments spend more per employee than those focused on cost control, and Info-Tech finds that innovators are associated with enterprises with higher revenues. However, innovation may not be paying off as much as it could. Integration of complex infrastructures also has had a greater effect of reducing IT spend relative to revenue, as well as IT staff relative to total staff.
Download the full report here.