CIOs across Asia Pacific now directly control less than 60 per cent of enterprise IT spending and “time is running out for CIOs to partner with the business”, according to Forrester Research’s Dane Anderson. Forrester surveyed 1437 IT and business decision-makers in the Asia Pacific region about their investment intentions for IT budgets in 2013. As CIOs grapple with budget reductions, other executives are growing their IT spending at very healthy rates, controlling 33 per cent of regional enterprise technology spending in 2012, a share that is growing quickly, the researcher said. “Emboldened business leaders across Asia-Pacific are increasingly driving reorganisation and retraining efforts to extract greater value from their technology,” said Anderson, who is research director and Asia Pacific manager at Forrester. IT groups across the region accounted for 58 per cent of IT purchases in 2012, down from 2010 when they bought 74 per cent of their organisation’s IT. According to Forrester, IT spending patterns in Australia are similar to North America with organisations spending 6 per cent of their revenue on IT. However, Australian budgets are coming under pressure with 38 per cent of organisations planning to decrease spending in 2013, with 33 per cent planning an increase. Related: Government tech budgets stabilise. Follow CIO Australia on Twitter and Like us on Facebook… Twitter: @CIO_Australia, Facebook: CIO Australia, or take part in the CIO conversation on LinkedIn: CIO Australia Related content Opinion 5 hard questions every IT leader must answer Strong leadership is vital to IT success — and shouldn’t be taken for granted. Continual self-reflection is essential for knowing whether it’s time to restructure your approach to leading IT. By Thornton May Mar 28, 2023 5 mins Business IT Alignment IT Leadership Feature CIOs address the impact of hybrid work Assessing how some of the most progressive CIOs strive to provide both technological and emotional support for a dispersed workforce. By Pat Brans Mar 28, 2023 8 mins CIO Remote Work Employee Experience BrandPost Smart UPS Connectivity: what it is and why you need it By Veronica Lew Mar 27, 2023 4 mins Remote Access Opinion Huawei’s F5G rollout plan signals new wave of green technology and digital transformation At MWC, Gu Yunbo, President of Huawei’s Enterprise Optical Business Domain, sat down with CIO to discuss a raft of new F5G launches, and what they mean for enterprise computing. By Peter Kirwan Mar 27, 2023 4 mins Digital Transformation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe