IT Budget Trends

IT Budget Trends: CIO Spending Now and in 2018

CIOs predict that, as a percentage of total IT budget, spending on innovation, analytics and security will increase over the next three years, while spending on infrastructure and core transactional systems will become a relatively smaller percentage of IT budget.  McKinsey and Company conducted a survey of over 500 CIOs to gather the data and reported it in IT Under Pressure.  The chart below summarizes the projected budget changes:

IT Budget Trends

The 100% stacked bar chart provides a good way to show percentage change over time.  In this case, the percentage of IT budget to be spent in different areas.  Adding the linking lines between the segments allows users to see more clearly whether segments are growing or shrinking.  To reinforce the relative changes, I added a data column that presents the projected change and used colors (red and green) to emphasize increases or decreases.  Download the chart from SlideShare to manipulate the data: