IT Spending Growth Plans Shift in 2015

IT spending in 2014 was much better than most IT professionals expected, thanks largely to a recovering economy, but IT spending growth may be less robust in 2015, according to a new survey from DATA Inc., an IT solutions provider. The survey, based on a poll of 180 IT and business professionals from October to December, finds that while more than five in 10 expect IT spending to increase in 2015, 34 percent report IT spending will remain the same. However, nine in 10 said they do not anticipate a drop in their companies' IT budgets this year. There's good news in that a little over three-fourths report that are either satisfied or very satisfied with their vendors in 2014, which suggests they should be looking to continue investing in existing products and services. Additionally, respondents cited application development and service-oriented architecture (SOA) as the top two areas that IT organizations plan to invest in, so solution providers would do well to focus on them. Channel Insider examines key data points from the study.