FierceCIOFierceCIOTechWatchFierceMobileITFierceContentManagement   FierceHealthITFierceFinanceIT

Survey: 25 percent of companies increase IT investments

We're hardly out of the woods with this economic downturn. But a new survey has some optimistic news. It finds that more than 25 percent of companies queried are increasing their IT investments in 2009. That flies in the face of the doom and gloom scenario that we've been hearing for months and the tea leaves we've been reading about the financial meltdown that hit the U.S. last fall.

The survey by ISACA, a nonprofit association of IT professionals, found that just 16 percent of the more than 500 U.S. professionals surveyed are planning across-the-board cuts in IT spending. And just 14 percent of companies surveyed have frozen spending at current levels, reports Information Week.

"The survey shows that nearly 29% of companies are fully measuring the value of their investments in IT, and more than 50% are measuring value to some extent," Robert Stroud, international VP of ISACA said in a statement released Wednesday. "Just five years ago, those numbers would have been significantly smaller."

For more on IT investments:
- check out this InformationWeek.com article

Related Articles:
IT budgets are more targeted
Will CIOs see budget increases for IT staff?
Is your IT budget flat yet?
Is security eating up your IT budget?

SHARE WITH:
Email Twitter Facebook LinkedIn StumbleUpon
Get Your FREE FierceCIO Email Newsletter: