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IT Trends: Cloud Computing outperforms investment for the first time in more than 10 years

The Society for Information Management (SIM) published an IT trend study showing that in 2020, for the first time in more than 10 years, cloud computing was the largest organizational investment and the multi-year market leader “Analytics, Business Intelligence and Related Technologies” has torn.

The SIM IT Trends 40th Anniversary Report is based on a survey of more than 1,000 members of SIM, a professional organization aimed at high-level IT executives.

“We had approximately 350 CIOs and around 600 organizations were providing feedback on questions and were fortunate enough to get great insights into things like the most widely used IT performance metrics and measures,” said CEO Mark Taylor. “We analyzed IT budgets, staff, salaries, cybersecurity and cloud computing efforts and asked what keeps them updated at night. The study also …

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