Colt Technology Services has published insights uncovered by new research of over 1,000 IT leaders in 12 countries. The results revealed optimism in tech budgets as businesses invest in their IT infrastructure to deliver growth plans. Almost 8 in 10 (79%) expect to increase their tech budgets over the next one to three years.
Improving security (40%) and adding AI and machine learning capabilities (31%) top the list of priorities for investment. One in four businesses is using IT infrastructure to explore new revenue streams.
The research also highlights growing concerns around the environmental impact of IT networks. One in five (20%) named ‘understanding the environmental impact of their IT infrastructure’ in their top three priorities and around the same (19%) named reducing the environmental impact of their IT infrastructure as a priority.
