Technology
Tue May 10,2016 20:00 pm

ITR publishes “Japan IT Budget & Spending Trends 2016” a comprehensive report of the IT investment survey to Japanese companies

ITR Corporation

ITR Corporation, an independent IT consulting / research company(CEO: Satoshi Uchiyama, headquartered in Shinjuku, Tokyo) published ”Japan IT Budget & Spending Trends 2016” a comprehensive report of the IT investment survey to Japanese companies, and ITR announced a part of the research result. This report is the 15th edition of the survey since 2001, and ITR researched IT budget abundance trend, important IT strategies, as well as willingness to spend on 100 product and service items.

Press Release
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May 10, 2016
ITR Corporation

ITR publishes “Japan IT Budget & Spending Trends 2016” a comprehensive report of the IT investment survey to Japanese companies

ITR Corporation, an independent IT consulting / research company(CEO: Satoshi Uchiyama, headquartered in Shinjuku, Tokyo) published ”Japan IT Budget & Spending Trends 2016” a comprehensive report of the IT investment survey to Japanese companies, and ITR announced a part of the research result. This report is the 15th edition of the survey since 2001, and ITR researched IT budget abundance trend, important IT strategies, as well as willingness to spend on 100 product and service items.

In terms of the Japanese companies’ IT budget ratio over sales volume by industry in FY2015, Finance / insurance industry had the highest figure of 8.6%, followed by 5.9% of Information & communications as usual.

Figure 1.IT budget ratio by industry (FY2015)
Source: ITR “IT Budget & Spending Survey 2016”

Regarding the regional IT budget allocation of the companies with overseas sites, over 70% was allocated in Japan. For overseas allocation, North America was the highest followed by China. More than half of foreign IT budget was allocated in Asia.

Figure 2. IT budget allocation by region (FY2015)
Source: ITR “IT Budget & Spending Survey 2016”

One of the most prominent results of this survey was the expansion of risk management costs. In FY2015, the ratios of three risk management costs (Information security, disaster control, IT internal control) over IT budget surpassed those of the previous year, and the overall average was the highest in the last five years. Information security cost especially had 15.3% of IT budget, reflecting the high awareness toward security due to a series of information leakage and cyber attacks targeting public offices, large companies, and educational institutions.

Figure 3. Security cost ratios over IT budget
Source: ITR “IT Budget & Spending Survey 2016”

This survey asked respondents’ introduction status and willingness to spend on 100 product and service items. “Tablet” and “Smartphone” had the highest investment abundance indexes in “Infrastructure / device” segment, showing the companies’ high willingness to spend on smart devices. Also, cloud services such as “PaaS” “IaaS” and “SaaS” had high figures; we expect cloud-shift will further accelerate.

Figure 4. Willingness to spend on products / services (Infrastructure / device)
Source: ITR “IT Budget & Spending Survey 2016”

■Report outline and inquiry contact
ITR conducted an online survey targeting IT decision makers in Japanese companies in September 2015, and summarized the results from 2,443 valid responses.
“Japan IT Budget & Spending Trends 2016”
Pages: 218 pages
Delivery: PDF (attachment to email)
Price: US$3,000.(single license), US$4,500.(department license).
For details about this report, please visit the following website.
https://www.itr.co.jp/report/itinvestment/S16000200.html
Contact: Hiroshi Yamamura
Managing Director
ITR Corporation
TEL: +81-3-5304-1301
Email: i.sales@itr.co.jp

About ITR
ITR is an independent IT research and consulting company that offers solutions to issues related to business and IT. ITR is headquartered in Tokyo and used to make alliance with the largest IT research firm and subsequently made alliance with META Group, Forrester Research, Constellation Research. It provides consulting services on corporate IT strategy and support for IT-related benchmarks, ROI and effectiveness optimization, strategic data utilization, vendor and product evaluation and selection, business strategies, and marketing. It also conducts surveys and analyses on fields such as future IT trends. ITR was founded in 1994.
https://www.itr.co.jp/english.html