Our analysis of recent CIO surveys from Morgan Stanley, J.P. Morgan, and Piper Sandler reveals a cautiously optimistic outlook for IT spending in 2024-2025. While overall budget growth remains moderate, there are significant shifts in prioritization towards AI, cloud, and security investments. This report synthesizes key findings and provides actionable insights for executives navigating the evolving IT landscape.

Key Findings:

1. Modest Acceleration in IT Budget Growth