North American companies are investing in technology initiatives at a higher level than European organizations, with IT spending accounting for 13 percent of company revenue. European companies' IT expenditure lags behind the global average, which stood at 10 percent of company revenue at the time of the survey.
IT spending as share of company revenue in 2023, by region
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Flexera Software. (November 5, 2023). IT spending as share of company revenue in 2023, by region [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. "IT spending as share of company revenue in 2023, by region." Chart. November 5, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. (2023). IT spending as share of company revenue in 2023, by region. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. "It Spending as Share of Company Revenue in 2023, by Region." Statista, Statista Inc., 5 Nov 2023, https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software, IT spending as share of company revenue in 2023, by region Statista, https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/ (last visited December 22, 2024)
IT spending as share of company revenue in 2023, by region [Graph], Flexera Software, November 5, 2023. [Online]. Available: https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/