Report: Line-of-business budgets to outstrip IT department spends in five years

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[1] According to the the Telsyte Australian Digital Workplace Study 2015, more than half of Australian CIOs believe line-of-business IT spending will surpass central IT expenditure within five years.

[2] The study looked at the trends in business ICT spending and strategy, and the preparedness of IT and business leaders for the impact of emerging technologies.

[3] The report found the appetite for investment in 2015 is strong with many companies increasing ICT budgets, and 57 per cent of CIOs believe in-house IT staff numbers will increase in 2015.

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[Source] http://www.arnnet.com.au/article/569384/line-business-it-budgets-outstrip-department-spend-five-years/