2020 IT Budgets

Released Q2 2020

60 Pages

Format PDF

N: 66

Report Takeaway:

3%

Respondents have continued to reign in 2020 IT budget growth expectations since our second iteration of this survey on 3/27. The median expected growth rate of budgets dropped 700 basis points, from 10% YoY at the start of the year, to 3% today.

Insights on:

BWG conducted the third iteration of its IT budget survey from 4/10 to 4/15, covering the impact of COVID-19 on spend for the balance of the year. We’ve already seen a rapid change in tone between version #1 and version #2, and found further changes in budget decision making in this run of the data.

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My utilization of BWG has certainly picked up during this period. You continue to do a great job with your value-add more apparent than ever in volatile times.

- ANALYST AT A LEADING INSTITUTIONAL INVESTOR

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