WP_User Object ( [data] => stdClass Object ( ) [ID] => 0 [caps] => Array ( ) [cap_key] => [roles] => Array ( ) [allcaps] => Array ( ) [filter] => [site_id:WP_User:private] => 0 )
Back
Strategic Business Initiatives Data & Insights CIO Budgets Dec 13, 2021 ADAPT reveals how CIOs budgets ​are split across CapEx and OpEx, revenue streams and the percentage of allocation to areas within the IT portfolio.​ Request to Download

Overview

In February 2021, ADAPT surveyed 152 CIOs, ​CTOs and technology leaders from Australian based organisations, responsible for approximately 6% of the ​Australian workforce and 23% of our $1.8T GDP. ​

ADAPT reveals how CIOs budgets ​are split across CapEx and OpEx, revenue streams and the percentage of allocation to areas within the IT portfolio.​

 

Key Takeaways

  • In the ADAPT sample, there are behavioural factors within the CIOs control that impact on the probability of losing budget.​
  • There is a year-on-year increase in the percentage of budget applied to OpEx over CapEx. The increase is explained by an uptake of SaaS applications and moving mission-critical workloads to the cloud.​
  • While attracting and retaining talent, and skill shortages are a top focus for CIOs, there is only a 4% allocation of budget towards training and development. ​

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Phasellus hendrerit. Pellentesque aliquet nibh nec urna. In nisi neque, aliquet vel, dapibus id, mattis vel, nisi. Sed pretium, ligula sollicitudin laoreet viverra, tortor libero sodales leo, eget blandit nunc tortor eu nibh. Nullam mollis. Ut justo. Suspendisse potenti. Sed egestas, ante et vulputate volutpat, eros pede semper est, vitae luctus metus libero eu augue. Morbi purus libero, faucibus adipiscing, commodo quis, gravida id, est. Sed lectus. Praesent elementum hendrerit tortor. Sed semper lorem at felis. Vestibulum volutpat, lacus a ultrices sagittis, mi neque euismod dui, eu pulvinar nunc sapien ornare nisl. Phasellus pede arcu, dapibus eu, fermentum et, dapibus sed, urna.

Morbi interdum mollis sapien. Sed ac risus. Phasellus lacinia, magna a ullamcorper laoreet, lectus arcu pulvinar risus, vitae facilisis libero dolor a purus. Sed vel lacus. Mauris nibh felis, adipiscing varius, adipiscing in, lacinia vel, tellus. Suspendisse ac urna. Etiam pellentesque mauris ut lectus. Nunc tellus ante, mattis eget, gravida vitae, ultricies ac, leo. Integer leo pede, ornare a, lacinia eu, vulputate vel, nisl.

  • Praesent dapibus, neque id cursus faucibus, tortor neque egestas augue, eu vulputate magna eros eu erat. Aliquam erat volutpat. Nam dui mi, tincidunt quis, accumsan porttitor, facilisis luctus, metus.
  • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Donec odio. Quisque volutpat mattis eros. Nullam malesuada erat ut turpis. Suspendisse urna nibh, viverra non, semper suscipit, posuere a, pede.

Morbi interdum mollis sapien. Sed ac risus. Phasellus lacinia, magna a ullamcorper laoreet, lectus arcu pulvinar risus, vitae facilisis libero dolor a purus. Sed vel lacus. Mauris nibh felis, adipiscing varius, adipiscing in, lacinia vel, tellus. Suspendisse ac urna. Etiam pellentesque mauris ut lectus. Nunc tellus ante, mattis eget, gravida vitae, ultricies ac, leo. Integer leo pede, ornare a, lacinia eu, vulputate vel, nisl.

Want access to the full suite of local research, benchmarking data, interviews and more?

 Book a Discovery Call
Explore Services
Already an ADAPT Research & Advisory client?

You may also like

Applications Data & Insights ADAPT CIO Market Pulse: 2024 CIO Edge Insights for ANZ CIOs
Finance Data & Insights CFO investment priorities​ and budget breakdown​ by organisational size​
Finance Data & Insights Categorised investment​ priorities for Financial Officers​
ADAPT