We might be a bit closer to bottoming out. According to a study commissioned by Riverbed Technology, 71 per cent of CIOs in the Europe, Middle East and Africa (EMEA) region expect IT spending will go up this year, reports IT Web.
A total of 400 CIOs across the region took part in the study and answered a few questions about their spending priorities over the next 12 months. They were asked to pick their top five priorities and virtualisation and consolidation programs ranked first. About 50 per cent believe server virtualisation will be their primary spending priority. Data consolidation ranks second at 40 per cent, followed by storage consolidation, desktop virtualisation, server upgrades security and compliance, and WAN optimisation, all in the 32 to 34 per cent range.
Oddly enough, the study found that 10 per cent of CIOs plan to make rather aggressive investments in an effort to boost competitiveness. However, 28 per cent claim their focus will be on efficiency and overall cuts in spending over the next 12 months.
It is hardly surprising that 33 per cent of CIOs plan to approach investment cautiously in 2013, but most plan to keep spending at current levels. Only 9 per cent said their IT budgets were shrinking and that they would spend less than last year.
Although most outfits see potential to cut costs through data centre and server consolidation, there’s apparently a lot of room for improvement in WAN performance. As many as 38 per cent of the CIOs said application performance over WAN is a barrier to consolidation.