IT’s always one of the first on the chopping block in tight times. But which specific tech expenses are your peers taking the hatchet to?
New spending benchmarks from the folks at CIO.com gives you an idea of your peers’ plans.
And while no cuts are ever going to be popular, if your company can orient them in terms of what other companies are doing, it may soften the blow.
Who knows? You may even be able to buck some trends, which would be info worth passing along to make some of the other cost-containment measures go down a little more smoothly.
13 benchmarks
Check out what percentage of other companies are planning to cut these specific parts of their IT budgets now, starting with the ones with the biggest bull’s-eyes on them.
IT budget item | % of companies reducing spending |
IT travel | 61% |
Hiring freezes | 59% |
Capital spending | 49% |
Outsourced IT | 48% |
Hardware | 47% |
IT training | 46% |
Applications | 41% |
IT compensation | 35% |
Network Infrastructure | 35% |
Current headcount | 34% |
• Full-time in-house staff | 31% |
• Contractors and temporary workers | 48% |
Web/Mobile | 32% |