6.2% of US IT budgets, 8.5% of European IT budgets are spent on R&D

Some 37% of the IT budgets of large European companies are being spent on new investments, compared to 30% in North America, according to Forrester. In the US, 6.

Some 37% of the IT budgets of large European companies are being spent on new investments, compared to 30% in North America, according to Forrester. In the US, 6.2% of IT budgets are allocated for research and development, compared to 8.5% in Europe. When it comes to the amount of company revenue spent on IT, the figures are closer, with 4.8% spent in Europe and 4.2% North America. Some 31% of North American businesses require chief executive sign-off for new IT investments, compared to 38% of European companies. Forrester says governance by committee has become the norm with 67% of large companies having committees of senior business leaders to oversee and prioritise IT investments. Some 26% of companies said they include business units in choosing software, and 21% help select consulting vendors.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All