Apptio

The majority of respondents expect technology budgets to grow in the next 12 months.

Nearly 2 in 5 organisations are counting on cost savings from AI-driven efficiencies to pay for the technology.

More than half of respondents admitted they lack sufficient data to accurately assess their organisation’s IT spending.

Half of respondents said their organisation will divert capital allocations from other budget areas to fund AI initiatives.

Only 36% of respondents said their organisation has a dedicated AI fund.