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IT directors expect bigger budgets

Research from IT asset disposal company DSA Connect, reveals more than three in five IT directors (62%) believe their employer’s IT budget will increase for 2021. Nearly half (48%) cite the need to invest in more cloud technology as a key reason for this, and this is closely followed by 45% who believe the additional funds will be used to provide greater IT support to staff working from home.

A further 7% say it’s because they have been hit by more cyber-attacks during the COVID-19 crisis and therefore need bigger budgets to invest in IT to provide greater security. Just 12% of IT directors interviewed said they expect their budgets to fall next year, with the majority blaming a fall in revenue/profits for this.