image: biztechmagazine

IT budgets remain tight due to cloud migration

For the third straight year, IT organizations are keeping tight control over their IT budgets, but not because of economic uncertainty. Instead, the hesitancy to spend is because of the transition to the cloud.

That’s the findings from IT market research firm Computer Economics, which published the report Worldwide IT Spending and Staffing Outlook for 2018 (paywall), and it echoes a common finding that on-premises computing continues to fall out of favor as IT shops look to migrate as much work as possible to the public cloud.

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