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IT spending: Firms see increased budget in QI’24

The Morning Standard

|

February 20, 2024

GLOBALLY, for the past 12 months, IT budgets have been increasing, and in India too budgets are accelerating with India respondents reporting 92%, the highest overall budget increase and highest percentage reporting at 29%.

IT spending: Firms see increased budget in QI’24

JumpCloud in the findings from Q1 2024 small to mediumsized enterprise (SME) IT Trends report reveals that IT admins are more optimistic about IT spending than six months ago as 80% expect IT budgets to increase in 2024 compared to 63.5% in Q2 2023. About 92% of India respondents expect budgets to increase either slightly or significantly, which is above the global average of 80%. Also, 61% of In

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