CIOs surveyed last month predicted that IT spending would grow by just 6.7 per cent during the next 12 months, down from the 8.4 per cent growth rate they had predicted in November, according to the latest CIO Magazine Tech Poll, which was released Monday.
Chief information officers surveyed by CIO magazine say their spending plans are starting to pick up, according to the June results of CIO's monthly Tech Poll. Respondents predicted their IT budgets will grow by an average of 5.6 percent over the next 12 months, up from the 3.3 percent average projected in May.