CommVault has recently released data detailing their latest customer survey, in which storage management companies were asked how their IT budgets would change in the coming year and what their priorities would be when it came to allocating funding.
The results showed that almost 30 percent of companies were forecasting an increase in their IT budget, while 50 percent expected that there would be little to no change in their numbers. Additionally, over half of those responding to the survey expected that their budgets would not go toward hiring new IT employees. Most companies were either keeping the staff they had or letting some go to balance the books.
IT spending was instead forecast to be spent on data protection, hardware, software support and media. For over 40 percent of respondents, more money than allocated was spent during the 2010 fiscal year on things such as data protection and backups. While companies now say that their priorities lie elsewhere, experience shows that this may not be borne out to be the case.
Despite advances in storage and backup technology for virtualized servers, many systems are not scalable to the degree predicted and often require extra IT dollars in order to deal with partitioned data glut, poorly stored and archived information and the fact that many companies are choosing to use their virtual servers much like physical ones. This puts excess strain on resources as they inefficiently manage their data.
For VPS and storage providers, this has meant a steady rise in IT budgets and spending over the last few years. While the 2011 budgets look more modest, only one-half of the first month of the year has passed – the true test will be to speak to these companies again come December 2011.