1 Was your 2001 IT budget increased, decreased or did it remain the same as your 2000 IT budget?
29.3%kept the same IT budgetin 2001
20.9% decreasedtheir IT budgetin 2001
49.8%increasedtheir ITbudgetin 2001
2 How are you reducing IT expenses?3
Postponing IT projects 40.1%
Tougher vendor negotiations 38.4%
Consolidating vendors 35.7%
Hiring freeze 26.2%
Reducing head count 25.2%
4 In your opinion, during a slowing economy, should companies reduce or increase IT spending?5
13.8%reduceIT spending
24.5%increaseIT spending
61.7%thought companies should maintainIT spending
6 In your opinion, during a slowing economy, should companies reduce IT spending? (percentage answering affirmatively by title)7
CFOs 26%
CIOs 15%
CEOs 6%
COOs 6%