Enterprises are expected to increase their technology budgets by an average of 3.4 percent over the next 6 to 12 months, according to a recent survey of CIOs and other IT purchasing decision makers conducted by Aberdeen Group, a leading market analysis and positioning services firm. In a similar survey in March, CIOs indicated their overall IT budgets would increase on average 2.7 percent over the next 6 to 12 months.

“The survey shows that IT buyers are gradually opening their wallets. Their priority is to spend money on technology solutions that enable them to optimize existing business opportunities and processes through superior service,”” said Hugh Bishop, Aberdeen senior vice president and author of the new report, “Technology Forecasting Consortium: 2003 User Buying Intentions - Update.”

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