Two separate surveys show IT budgets still straining under the effects of the Covid crisis — yet, IT executives are looking out over the long term.
At the time a survey of 100 IT leaders from Pulse was conducted — May of this year — close to one in four IT budgets, 23%, were frozen. At least 24% of executives, however, indicated they would be ramping budgets back up within a two-month period, while 27% said their IT budgets wouldn’t change in the near future. Most CIOs are shifting their budgets to internal communication and collaboration tools (45%), mobile security (39%), and customer communication and collaboration tools (37%).
