The TechTarget/Computer Weekly IT Priorities 2023 survey found that 41% of IT decision-makers expect to increase their IT spending this year. While there is a lot of economic uncertainty, technology is not an area where companies are looking to reduce budgets.
The survey of 156 technology decision-makers from the UK and Ireland reported that 50% of respondents have a cloud-first IT strategy. Cloud computing is also the second biggest area affecting IT spending, according to the research.