Global COVID-19 impact on IT expenditure 2021, by category
With 19.7 percent and 18 percent respectively, respondents from this global survey state that information technology infrastructure and information security are the most important information technology budget allocations for 2021. Information technology infrastructure is vital to organizations as its technological components contribute to and drive business functions. In the context of the COVID-19 pandemic organizations spend the largest share on information technology infrastructure to ensure that they can operate properly as many employees work remotely. In addition, as online operations must be scaled, security gaps widened. This emphasizes the need to invest in information security measures to secure digital assets.