We spoke to over 700 IT leaders to hear their tech strategy plans for 2025 – here's what we learned

81% of IT managers warned of an urgent AI skills gap.

24% of IT leaders intended to spend between 21% and 31% of their IT budget on AI this year.

64% of respondents said cloud migration was a greater focus in 2025 than it had been in 2024.

40% of respondents in the US, Canada, and EMEA only expect to spend 20% or less of their overall budget on cybersecurity this year.

96% of small and medium-sized businesses (SMBs) report a lack of cyber skills.

78% of IT leaders said that AI would be one of their top three focuses in 2025. This is compared to 41% making the same claim about 2024.

74% of respondents said that cybersecurity investment would be more important in 2025 than it had been in 2024.

52% said cloud will be one of their top three areas of investment for this year.

Global cloud spending is predicted to reach $1.6 trillion by 2028 at a five-year compound annual growth rate of 19.5%.