Business Services Industry
Information Systems budgets increase at 57 percent of sites
Business Wire, June 10, 1997
CARLSBAD, Calif.--(BUSINESS WIRE)--June 10, 1997--The 1997 Information Systems Spending report survey, compiled by Computer Economics Inc., noted for providing strategic intelligence to information systems executives for more than 18 years, determined that 57 percent of information systems centers increased their budgets this year.
This Computer Economics survey of over 500 senior information technology managers and chief information officers also found that 27 percent of IS shops experienced budget cuts and 16 percent had no change in their budgets.
Managing editor Ed Pasahow says that the largest budget allocation went to hardware acquisition, indicating that organizations are investing in their infrastructure. The Information Systems Spending report survey shows that spending on networks, especially all types of client and server hardware grew at a spectacular rate. The second highest area of budget allocation was on IS staffing.
The Information Systems Spending report provides the information executives need to stay on top of the IS industry. The comprehensive analyses, graphs and charts summarize all important budget trends and benchmarks along with key technology trends. This report provides up-to-date data on the importance, implementation status, budget expenditures and return on investment of today's hottest technologies.
From its international headquarters in Carlsbad, Calif., Computer Economics assists information technology systems professionals through timely, objective and actionable strategic intelligence. Our staff and worldwide network of IS consultants, intelligence experts and industry insiders serve customers in 89 countries and 82 percent of Fortune 500 companies. For further information please visit our Web site at http://computereconomics.com . -0-
Contact: Anne Zalatan
Computer Economics Inc.
Phone: 760/438-8100, ext. 131
E-mail: azalatan@compecon.com
Web site: http://computereconomics.com
CONTACT: Computer Economics Inc., Carlsbad
Anne Zalatan, 760/438-8100, ext. 131
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