2018 CIO spending - Cloud and data analytics the focus for majority of UK CIOs

Cloud, data analytics and security will dominate CIO spending in 2018 and 2019, although an increasing number of CIOs compared to 2017 will be investing in artificial intelligence, machine learning, Internet of Things, wearables, and augmented reality and virtual reality technologies. Similarly, data centre and server infrastructure are expected to see the biggest decrease, along with CRM and non-mobile devices. While cloud, security and data analytics are set to see significant investment from CIOs, fewer technology leaders expect to be dedicating budget towards these services as in 2017. Some 84% of CIOs expect to be investing in cloud capabilities in the next two years, down five percentage points compared to 2017. Data analytics (79% of CIOs) and security (73%) were also cited by the most number of UK CIOs as areas of investment in 2018 and 2019, although each was down five and nine percentage points respectively compared to 2017 investment.