TECH BUYER Dec 2018 - IDC Perspective - Doc # US44517418
Spending Metrics — U.S. IT Spending by Industry Sector, 2018
This IDC Perspective, written for CIOs, IT executives, and line-of-business technology professionals, provides a data-driven overview of the current high-level IT spending trends. It also provides guidance on making informed budgeting decisions. This IDC Perspective focuses specifically on three spending metric categories: IT spending as a percentage of revenue, internal and external IT spend as a percentage of total technology expenditure, and capital expenditure (capex) and operating expenditure as a percentage of total technology expenditure.
"With the increasing complexity of the business IT landscape, IT executives find the need to transform their IT budget processes to focus on return on investment and foster innovation," says Suya Xiong, research manager with IDC's IT Executive Programs. "Analyzing the IT spending trends at the industry sector level lays the foundation for organizations of all sizes to evaluate their IT budgeting processes and maximize the business value of IT."