Looking at broad technology initiatives that have become “significantly more important” to the future of organisations over the past two years, cloud was the second most talked about technology area – second only to cyber security – with 44% of respondents voting for it. This constitutes a 13% increase compared with 2022. Information management is the third area driving IT spending growth in 2023. Almost half (47%) of the IT leaders polled said information management and governance has become significantly more important over the past two years.