Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
eWEEK.com
Search
eWEEK.com
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home IT Management
    • IT Management

    Spiceworks State of IT Report Predicts Strong Hiring, Budgets in 2018

    By
    DON REISINGER
    -
    October 11, 2017
    Share
    Facebook
    Twitter
    Linkedin

      PrevNext

      1Spiceworks State of IT Report Predicts Strong Hiring, Budgets in 2018

      1 - Spiceworks State of IT Report Predicts Strong Hiring, Budgets in 2018

      By nearly all measure, the IT industry is poised for strong growth 2018. That’s the main takeaway from the 2018 “State of IT” report from IT service provider Spiceworks. Spiceworks released the report Oct. 9 during its annual SpiceWorld customer conference in Austin, Texas. The company surveyed more than 1,000 IT professionals in North America and Europe and found that a majority of companies are planning to add more IT staff and support increased revenue for their companies in the coming year. IT professionals are also clearly stating an intention to invest more heavily in the cloud and reduce their reliance on managed services. Read on for more from the Spiceworks “State of IT” study and what IT professionals plan to do next year to boost their companies’ efficiency and productivity.

      2Most IT Budgets Will Grow or Remain Steady

      2 - Most IT Budgets Will Grow or Remain Steady

      Looking at 2018, 44 percent of IT professionals expect their budgets to increase compared to 2017. Another 43 percent of IT professionals believe their budgets will remain the same, and just 11 percent think their budgets will decrease compared to 2017.

      3IT Supporting Healthy Corporate Revenue Growth

      3 - IT Supporting Healthy Corporate Revenue Growth

      IT budgets are rising because of healthy corporate revenue growth. According to Spiceworks, 60 percent of companies expect their revenue to grow in 2018, and about one-quarter will experience flat revenue performance. Only 9 percent of IT respondents think corporate revenue will fall.

      4Few IT Professionals Will Lose Their Jobs

      4 - Few IT Professionals Will Lose Their Jobs

      Increasing budgets and strong revenue performance should help the IT job market. The survey found that 45 percent of companies plan to increase IT staff in 2018, and 48 percent will maintain current staffing levels. Just 5 percent will reduce IT department headcount. 

      5How IT Organizations Are Allocating Their Spending

      5 - How IT Organizations Are Allocating Their Spending

      According to Spiceworks, 31 percent of corporate IT budget funds will be allocated to hardware and 26 percent for software. Hosted and cloud services will get 21 percent of the budget allocation, topping managed services, at 15 percent.

      6How Budget Allocations Are Changing

      6 - How Budget Allocations Are Changing

      Budget allocations are changing, according to the Spiceworks study. More than half of survey respondents said they’re increasing their hardware investment and 55 percent will boost cloud spending in 2018. Spending on managed services will be flat, with 46 percent of companies planning to just maintain current budget levels.

      7Enterprises Are Still Buying Desktop Computers

      7 - Enterprises Are Still Buying Desktop Computers

      Although sales of desktop computers continue to slow overall, they’re still important to corporate buyers. In fact, 17 percent of total hardware spending will go to new desktops, representing the largest single allocation for IT hardware. Laptops have the second largest allocation, with 15 percent of hardware dollars. Servers and networking equipment are next, with 13 percent and 8 percent allocation shares, respectively.

      8How IT Organizations Are Spending on Software

      8 - How IT Organizations Are Spending on Software

      Spiceworks examined software spending allocation and found that 11 percent will be dedicated to operating systems and 10 percent to security software. Another 10 percent will go to productivity software, while 9 percent will be allocated to virtualization.

      9Backup and Recovery Are Top Cloud-Service Expenditures

      9 - Backup and Recovery Are Top Cloud-Service Expenditures

      Online backup and recovery services will attract 15 percent of cloud spending in 2018, topping productivity solutions, at 10 percent. Email hosting and web hosting will attract 9 percent of the budget allocation each, according to the IT professionals.

      10What’s Driving New Purchases?

      10 - What’s Driving New Purchases?

      End-of-life concerns are driving 54 percent of new hardware, software or services purchases, Spiceworks discovered. Corporate growth and refresh cycles followed closely. Significantly, software or application compatibility was least likely to drive new purchases.

      11What Drives Cloud Adoption?

      11 - What Drives Cloud Adoption?

      A whopping 42 percent of IT professionals said getting access to corporate data from anywhere is the chief reason to move to the cloud, followed by 38 percent who cited improved disaster recovery opportunities. Other reasons were better flexibility, at 37 percent, and reduced support overhead, at 36 percent.

      PrevNext

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      CHRIS PREIMESBERGER - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      CHRIS PREIMESBERGER - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      EWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      ZEUS KERRAVALA - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      WAYNE RASH - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Info

      © 2020 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×