In 2023, companies allocated 10 percent of their IT budget to infrastructure hardware. However, in the coming 12 months, they anticipate reducing this allocation to 8 percent, while increasing investment in application modernization from 14 to 17 percent.
What was your initial IT budget? How do you foresee it changing in the next 12 months?
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Rackspace. (January 15, 2024). What was your initial IT budget? How do you foresee it changing in the next 12 months? [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/
Rackspace. "What was your initial IT budget? How do you foresee it changing in the next 12 months?." Chart. January 15, 2024. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/
Rackspace. (2024). What was your initial IT budget? How do you foresee it changing in the next 12 months?. Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/
Rackspace. "What Was Your Initial It Budget? How Do You Foresee It Changing in The next 12 Months?." Statista, Statista Inc., 15 Jan 2024, https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/
Rackspace, What was your initial IT budget? How do you foresee it changing in the next 12 months? Statista, https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/ (last visited December 20, 2024)
What was your initial IT budget? How do you foresee it changing in the next 12 months? [Graph], Rackspace, January 15, 2024. [Online]. Available: https://www.statista.com/statistics/1449751/forecast-it-budget-changes-worldwide/
