A Gartner poll found average IT budget of Asia Pacific companies are looking up, though it is lower for Singapore companies, local media reported Monday.
A latest survey by the research house, polling 1,500 IT leaders in 40 countries and regions, showed that the companies are beefing up their data centers, boosting implementation of new software and upgrading existing applications, the Business Times reported on Monday.
The average IT budget of respondents across the Asia Pacific region is US$ 16 million, with enterprise software implementations and upgrades receiving the largest chunk — 23 percent. Up to 85 percent of companies allocating money to it.
In Singapore, 27 percent of IT budgets are allocated to enterprise software initiatives and 32 percent for new software licences.
On a global level, 39 percent of organizations expect IT budgets to increase in 2011, compared to 44 percent in Asia Pacific. (PNA/Xinhua)