According to a Gartner-EXP Worldwide Survey of global chief information officers (CIOs), the IT budgets are expected to witness a marginal increase in global average of 1.3 per cent compared to 2009, which saw the IT budgets declining by 8.1 per cent.
"The year 2009 was the most challenging for CIOs in the corporate and public sectors as they faced multiple budget cuts, delayed spending and increased demand for services with reduced resources," Gartner EXP group vice-president and research head Mark McDonald said.
This is set to change in 2010, as the economies recover from recession and enterprises transition their strategies from cost-cutting efficiency to value-creating productivity, he added.
The survey includes responses from 1,586 CIOs representing over $126 billion in corporate and public sector IT spends across 41 countries and 27 industries.
McDonald said while technologies are transitioning from 'heavy' owner-operated solutions to a 'lighter-weight' services model, the CIOs are, in turn, transitioning IT beyond merely managing resources to taking responsibility for managing results.