2022 Report - Financial Demands of the Digital Age

White Paper Oct 13, 2023

Over the past quarter, we have been surveying IT decision makers across the US and UK to determine the increased financial demands of the pandemic. We have now published our results, with the survey revealing some truly sobering facts for the business world.

  • 85% of IT decision makers have seen tech spend increase since the pandemic, but only a third report tangible value from new investment

  • 62% are experiencing technology drift - defined as an increased gap between what companies are trying to do and what they actually achieve - as a result of spiraling costs

  • Technology spend for IT decision makers has increased by an average of 43% since the pandemic began

Over 1,000 senior tech leaders in the US and UK revealed the extent of the technology changes enforced by the COVID-19 pandemic.

Download the full report today to uncover the truth behind rising technology spend and what companies are doing to solve the new challenges presented.