Service Innovation: Spending Metrics — IT Spending by Company Size
This IDC study provides a data-driven overview of the current trends in IT spending. It is intended to assist CIOs, IT executives, and line-of-business technology professionals in making informed budgeting decisions. This study focuses specifically on three metric categories: IT spending as a percentage of revenue, capex and opex as a percentage of total technology expenditures, and key technology groupings (i.e., hardware, software, IT services, and IT staffing and salaries) as a percentage of total technology expenditures. The results of this study come from IDC's 2014 Vertical IT and Communications Survey coupled with analyst expertise and insight. Only U.S. companies participated in this survey, and the results are reported by company size.
"There is always value to be gained from benchmarking against peers," says Geoffrey Ryder, research analyst with IDC's IT Executive Programs and the CIO Agenda and Technology Professionals program. "A strong understanding of the spending norms for a given company size provides valuable information for organizations working to ensure ongoing technological competency in a rapidly changing environment."Please Note: Extended description available upon request.