How much of your organizations budget goes towards new technology? 





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CTO(CTO) in Healthcare and Biotech, 2 - 10 employees
The sector and size matters but usually about 4%.
CEO / President, Self-employed
The first thing to keep in mind is that the budget can vary widely and should not be encapsulated into a standard unless thorough analysis has been completed. 
The number will vary widely by industry and age of the company and financial strength among other factors. Above 5% is what I generally see with successful growing firms. 
If I am working to turn around a small firm and we find the tech they use is poorly suited, they are going to be investing in tech more aggressively than a similar firm in the same industry and same age...

CIO - Group IT Manager in Retail, 51 - 200 employees
the budget usually varies depends on many elements especially the group growth and economy 
Director in Manufacturing, 1,001 - 5,000 employees
What do you consider “new”. If new is something you’ve never done/used before it could be below 1%

We have been migrating to the cloud for years so I don’t consider that “new”
CFO in Finance (non-banking), 11 - 50 employees
There's definitely some nuance here since a technology can be new to your firm but a very legacy technology. Alternatively, something could be legacy at your firm but a new tool built in the past few years. Either way, interesting to see the 3-5% lead.

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No, but we should49%

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CTO in Software, 201 - 500 employees
Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.
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Less than 1%9%

1 - 3%49%

3 - 5%24%

5 - 7%7%

More than 7%11%


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