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A New Omdia Report Finds That 74% Of Enterprises Are Increasing Their IT Budgets, With IT Becoming A Key Driver Of Business Value And Growth.

ITProToday, Friday, December 1,2023

A new Omdia report finds that 74% of enterprises are increasing their IT budgets, with IT becoming a key driver of business value and growth.

Enterprise information technology budgets have increased significantly this year, with IT emerging as one of the main drivers of business value, according to new research from analyst firm Omdia.

Omdia's 10th annual IT Enterprise Insights study surveyed more than 6,500 global IT executives across 56 countries and 16 sectors on their organizations' tech investment plans. The survey found that enterprise leaders are prioritizing IT investment more than ever before, viewing it as critical to increasing efficiency, driving growth, and creating competitive advantage.

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