Like it or not, your company’s IT budget will likely increase. According to Tech Pro Research’s 2015 IT Budget Trends, IT budgets for 2015 will be higher than in 2014 for 45 percent of organizations.
“The global steady growth rates are a calm ocean that hides turbulent currents beneath,” says John Lovelock, research vice president at Gartner, the world’s leading information technology research and advisory company. “The Nexus of Forces — social, mobile, cloud, and information — are reshaping spending patterns across all of the IT sectors that Gartner forecasts. Consumers and businesses will continue to purchase a mix of IT products and services; nothing is going away completely. However, the ratio of this mix is changing dramatically and there are clear winners and losers over the next three to five years, as we see more of a transition from PCs to mobile phones, from servers to storage, from licensed software to cloud, or the shift in voice and data connections from fixed to mobile.”
Small and medium businesses (SMBs) are not excluded from this growth. According to a survey of 1,000 SMBs published in Wasp Barcode Technologies’ ‘State of Small Business Report’, 38 percent of SMBs stated they will increase IT spending in 2015.
What are the areas of largest IT growth for SMBs? IT budgets are expected to experience the most significant growth in the following areas:
- replacing hardware
- upgrading server infrastructure
- upgrading network security
Is your business prepared for the critical decisions that will come along with the changing tides of IT? Contact us today to learn how letting us handle your IT needs will give you more time to focus on what your business does best!