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IT Management Slideshow:
IT Spending Outlook Still Uncertain



CIOs will continue struggle with iffy budgets throughout the rest of the year, according to a new poll conducted among 900 CIOs by Gartner Executive Programs. Released in mid-June week, results showed an expected IT spending decline in 2009 of about 4.7%. Figures were compared to a similar poll conducted at the end of 2008.


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Slideshow Archive
 
  • Questioned in March, the CIOs in the pool of respondents are responsible for more than $77 billion in IT spending.
  • 46% of participants reported that their 2009 IT budget had changes since it was finalized.
  • Compared to the 2008 poll, which showed CIOs predicting a 0.16% increase for 2009, this poll showed CIOs reporting a 4.7% decline for 2009 spending.
  • More than 90% of CIOs who changed their 2009 budgets made a reduction in the first quarter, 7.2% on average.
  • First quarter reductions were spread equally across geographic and size of organization categories.
  • Approximately 54% of CIOs reported no change in their 2009 IT budget.
  • Only 4% of CIOs said they will increase their IT budget in 2009.
  • The percentage of CIOs with a contingency plan for spending during the remainder of 2009 more than doubled compared to last year…

    …but only 56% of CIOs with contingency plans believe they will need to use them.

  • Average budget change in 2009 by industry:

    -Healthcare: 2.2% increase

    -Professional services: 10% decrease

    -Telecommunications and high tech: 10% decrease

    -Manufacturing: 8% decrease

    -Utilities: 4% decrease

    -Financial services: 4% decrease