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CIO spending in 2006

The Mckinsey Quarterly -- Purchasing, 3/29/2006 2:00:00 AM

Overall IT investment will rise only slightly in 2006, but cost savings will let CIOs commit significant sums to selected projects.

CIOs want to add industry-specific modules to ERP systems. Many budgets call for the replacement of servers bought in the late 1990s. Other investments will address security threats and regulatory compliance. This article includes the following exhibits:
Exhibit 1: CIOs plan to increase investments in several areas.
Exhibit 2: A modest budget increase masks a larger increase in capital expenses.

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