There are various reports stating that IT budgets are trending up. What IT budget trend are you seeing in your organization over the last 3 years?

This will probably depend a lot on the maturity of your business

Our budget typically has a 3% to as much as 6% annual reduction target

The budget only goes up after an acquisition. And then reductions continue

If we sell a business the reductions match the sale

A young growing business likely gets budget increases even in a recession as long as their business is growing