IT budgets grow as SMBs spend more on tablets and cloud services, says survey

Sixty-two percent have deployed or plan to deploy tablets within the next six months

Small and medium-sized businesses are spending more money on IT, including adopting tablets, cloud services and virtualization to a greater extent, according to Spiceworks' State of SMB IT survey.

IT budgets at companies with fewer than 1,000 employees grew 6 percent in the first half of 2012 from the second half of 2011, and 15 percent year-over-year, according to the survey.

The average annual IT budget is currently US$152,000, up from $143,000 for the second half of 2011 and the $132,000 reported for the first half of 2011, it said.

SMBs are spending more on technology across the board, from hardware and devices, to cloud services and virtualization. For example, 62 percent have deployed or plan to deploy tablets within the next six months. That compares to the 50 percent reported for the second half of 2011, according to Spiceworks.

Also, 48 percent use cloud services and 64 percent use virtualization, compared to 28 percent and 54 percent for the first half of 2011, respectively.

While the growth of virtualization is tapering off, the respondents are virtualizing more applications -- 3.1 applications versus an average of 2.1 applications a year ago.

The largest portion of IT budgets will be allocated to hardware purchases, followed by software and IT services, according to the survey.

The State of SMB IT survey included 1,498 respondents from around the world. About half of respondents were from North America; 33 percent were from Europe, the Middle East and Africa; 15 percent from Asia-Pacific; and 4 percent from Latin America, according to Spiceworks.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?