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SMB IT budgets rose 15% in the past 6 months: Spiceworks

Spiceworks, Inc. this week released the results of its bi-annual State of SMB IT survey of technology purchasing and adoption trends among small and mid-sized businesses (SMBs).


May 9, 2012  


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Spiceworks, Inc. this week released the results of its bi-annual State of SMB IT survey of technology purchasing and adoption trends among small and mid-sized businesses (SMBs).

According to the survey results, SMBs are continuing to expand IT budgets, which now average $152,000 per year. The research also found that SMBs across the board are increasingly adopting tablets, cloud services and virtualization, but they are divided on support for the Bring Your Own Device (BYOD) trend.

Twice a year, the Spiceworks State of SMB IT survey investigates the latest technology purchasing, usage and staffing trends among companies with less than 1,000 employees. This survey of 1,498 IT professionals in 100 countries was conducted during the first quarter of 2012 via the Spiceworks Voice of IT market insights program. The majority (62% of IT pros surveyed are from companies with 20-249 employees.

Survey highlights include:

* Overall IT budgets at SMBs continue to increase, growing 6% in the first half of 2012 from the second half of 2011, and 15% year-over-year. The average annual IT budget for SMBs now stands at $152,000, up from the $143,000 previously reported for the second half of 2011 and the $132,000 reported for the first half of 2011.

* More than half (56%) of SMBs are retaining their IT headcount and 30% intend to hire additional staff over the next six months. These metrics remain consistent with the results from the second half of 2011.

 “Data from this recent survey confirms that the consumerization of IT is flourishing among SMBs, although opinions vary on how to manage its impact on organizations,” said Jay Hallberg, co-founder and vice president of Marketing for Spiceworks. “The results also show that SMBs are spending more on technology across the board, from hardware and devices, to cloud services and virtualization. This bodes well for technology vendors serving the SMB market in 2012.”