Survey finds software upgrades consume nearly a third of IT budgets
In short
A study of more than 2,000 companies says software upgrades take up nearly one-third of IT budgets. The report also says these upgrades can cause recurring costs and business disruption.
This matters because it can leave companies with less money for other tech spending. The reporting does not say which businesses were hit hardest or where they are based.
What the reporting says
A study surveyed more than 2,000 companies and found that software upgrades eat nearly a third of firms’ IT budgets. The publisher summary says these recurring costs and the operational disruption around them were described as a “software tax.” The reporting does not name the survey sponsor, the regions covered, or which industries were most affected, so the scale beyond the sample is unclear.
Why it matters
A study of more than 2,000 companies found that software upgrades take nearly a third of firms’ IT budgets. The publisher summary says the costs and disruption were described as a “software tax.” The reporting does not identify the study sponsor, the countries involved, or which sectors face the heaviest burden, so the broader market impact is not stated in the available reporting.