Why CIOs have bigger IT budgets for 2018, and what they're buying

You can tell a lot about a company's values and its priorities by the way it spends its money. Each October on ZDNet we do a special report on how business leaders are planning to spend their tech budgets for the year ahead. In our survey of 2018 plans, we found that nearly two-thirds of decision makers are increasing their technology budgets in 2018, and almost a quarter of them are boosting their tech spend by 10% or more. SEE: Tech Budgets 2018: A CXO's Guide Aside from specific tech projects, 35% of leaders said they are investing in training existing employees and 29% said they are investing in hiring new employees. We also polled TechRepublic's CIO Jury, where 83% said their IT budgets would increase or stay the same in 2018.