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How much of your organizations budget goes towards new technology? 

How much of your organizations budget goes towards new technology? 

Top Comment: 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. View poll results (629 responses)

2303 views
629 responses
6 upvotes
<1-2%23%
3-5%28%
>5%49%
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Anonymous Author
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”
3 upvotes
Anonymous Author
the budget usually varies depends on many elements especially the group growth and economy 
2 upvotes
Anonymous Author
The sector and size matters but usually about 4%.
0 upvotes
Anonymous Author
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...
0 upvotes