Gartner has shared the IT spending pattern of enterprise CIOs.
CIOs in North America report an IT budget increase of 1.8 percent for 2014. CIOs in EMEA will be spending 2.4 percent less.
62 percent of CIOs in North America are expecting to change technology and sourcing strategies in the next two to three years. This is the lowest percentage in any of the major geographies. 82 percent of CIOs in China expect to change their technology and sourcing approach in the next two to three years, said Gartner.
North American CIOs have a slightly larger focus on agility than their global counterparts and a slightly larger use of software as a service (SaaS), as opposed to infrastructure as a service (IaaS) or platform as a service (PaaS).
26 percent of North American CIOs report they have made significant use of public cloud offerings, so the majority of North American CIOs still need to venture into significant public cloud usage.
CIOs in China reveal IT budget increase of 13 percent this year against global average of 0.2 percent. 45 percent of IT spending in China is outside the IT organization, compared with the global average of 26 percent.
China appears bullish on digital and cloud, with 39 percent of CIO respondents from enterprises in China identifying a C-level digital leader (such as a chief digital officer (CDO)) in their business, versus 7 percent globally.
61 percent of Chinese CIOs report that they have made a significant investment in public cloud, versus 25 percent globally.
Globally, 25 percent of CIOs have made significant cloud investments. In the U.K., 28 percent of CIOs report already making significant cloud investments.
65 percent of CIO respondents in the U.K. and Ireland expect to increase their sourcing of IT in the near future.
CIOs in Latin America will take advantage of digital economy opportunities. 25 percent of IT spend is outside of the IT budget against 26 percent globally. For Brazil, it has reached 34 percent.
While 42 percent of global CIO respondents think they don’t have the IT skills and capabilities to meet digital challenges, in Latin America 26 percent of IT organizations think they are not ready to tame the digital dragon.