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CIO Survey: Where Top Technology IT Execs Will Invest In 2017

According to a study by Piper Jaffray, 75 percent of CIOs plan to increase their company's investment in IT this year. Here's where they're placing their bets.

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Because That's Where The Money Is

As the new year dawns over the channel, chief information officers have set their budgets for 2017 and, in many cases, boosting the amount of money allocated for IT. According to a survey conducted by financial services company Piper Jaffray, 75 percent of CIOs plan to increase their company's investment in information technology this year, including servers, cloud computing and security.

Although the majority of survey respondents this year expect to bolster their IT budgets between one and five percent, CIOs in surveys for 2015 and 2016 predicted their IT budgets would swell more than 5 percent, meaning they are being more fiscally conservative this year.

The study, which polled more than 160 CIOs across 10 industries, asked the executives which technologies they planned to increase their spending on in 2017.

Solution providers looking to follow the money should take a look at the breakdown of technologies that CIOs plan to invest the most in this year. Here is the top eight.

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