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IT budgets to remain flat across Europe

One third (34%) of European organisations expect IT budgets to increase in 2019, compared to 56% who expect them to remain flat and 6% who expect them to fall, reveals the Spiceworks State of IT Budgets report for 2019.

Among those planning to increase budgets, 65% are driven by the need to upgrade outdated IT infrastructure and 60% by growing security concerns.

European organisations plan to spend 36% of their budget allocation on hardware (5 percentage points more than in 2018), 24% on software (-2 percentage points), 20% on cloud services (up 1 percentage point) and 16% on managed IT services (the same as 2018).

www.spiceworks.com

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