spot_img

How Will COVID-19 Will Impact Future IT Budgets?

Share post:

A recent TechRepublic Premium survey found that 43% of respondents believe that their companies would see the uncertainty of COVID-19 as a necessary factor in their IT budget plans for 2022, compared to 23% of respondents who believe that COVID-19 would not impact their IT budget for 2022.

The survey also revealed that 27% of respondents expect an increase in spending on network and internet security, while 22% forecast an increase in the budget for IT technology remotely.

The top five priorities of the IT budget for 2022, according to respondents, include improving network and internet security, cloud services, digital transformation and staff training.

The report surveyed 122 SMB decision-makers on their IT budgets for 2022 and delved into a range of topics, from how the coronavirus crisis would impact budgets for 2022, to IT priorities and initial IT budget recommendations.

For more information, read the original story in Tech Republic.

Featured Tech Jobs

spot_img

SUBSCRIBE NOW

Related articles

EY survey shows tech leaders are investing in new tools and technologies

In a survey performed by EY among 250 U.S. IT executives in April 2023, it was revealed that...

AI to impact industries, CEOs claims

According to a new Gartner survey, CEOs and top executives believe that artificial intelligence (AI) will have a...

Chesky issues fears on CEOs’ push for office return

Airbnb CEO Brian Chesky, in an interview with The Verge's Decoder podcast stated his fears on the consistency...

Canadian cybersecurity accelerator counts its accomplishments

A Canadian university-associated business accelerator for helping early-stage cybersecurity companies says its first two years of operation have been more than satisfactory. The Rogers Cybersecure Catalyst Accelerator has had “an incredible impact” on Canadian cybersecurity entrepreneurs and founders, executive director Charles Finlay said this week in the first report on the program’s progress. Despite having

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways