New Enterprise Strategy Group Research Finds Corporate Technology Spending Boom to Continue as Firms Invest More in Cybersecurity, Artificial Intelligence, and Cloud
TechTarget, Inc. (TTGT)
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NEWTON, Mass. (PRWEB) November 30, 2021 Enterprise Strategy Group (ESG), a leading IT analyst, research, and strategy firm, and a division of TechTarget, Inc., today released its 14th annual technology spending intentions survey. Based on a survey of 706 senior IT leaders across North America, Western Europe, and Asia Pacific, the 2022 Technology Spending Intentions Survey analyzes private- and public-sector technology spending expectations for the coming year, the key business and technology priorities driving those spending plans, and year-over-year trends with respect to technology adoption and changing customer preferences.This year's study finds that technology spending is expected to remain robust over the coming year, with 62% of organizations planning to increase spending relative to 2021 levels. In particular, businesses will prioritize investments in cybersecurity, cloud, and artificial intelligence – all technologies that support contemporary and critical business objectiv
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