{"id":428,"date":"2012-11-30T15:07:32","date_gmt":"2012-11-30T15:07:32","guid":{"rendered":"https:\/\/blogs.poly.com\/?p=428"},"modified":"2012-11-30T15:07:32","modified_gmt":"2012-11-30T15:07:32","slug":"small-business-it-budgets-continue-to-climb","status":"publish","type":"post","link":"https:\/\/blogs.poly.com\/small-business-it-budgets-continue-to-climb\/","title":{"rendered":"Small business IT budgets continue to climb"},"content":{"rendered":"
Signs point to a continued investment in IT spending on the part of small and mid-sized businesses. The recently released bi-annual State of SMB IT Report<\/a> from Spiceworks,<\/a> the world\u2019s largest IT pro community, indicates the average annual SMB IT budget is $162,000, up from $152,000 reported in\u00a0 May. At the same time, survey respondents, which included 1,356 IT professionals in 100 countries, report a four percent decline (from 31 percent to 27 percent) in plans to hire IT staff in the second half of the year.<\/p>\n It also turns out that on the average, small and mid-sized companies spend considerably more on technology per employee than larger organizations. Companies with less than 20 employees spend $1900 on average per employee compared with $700 per employee spent by companies with 250 employees or more.<\/p>\n Where is SMB IT spending going?<\/strong><\/p>\n Hardware, software and IT services, allocations for the second half of the year remain the same as the first half. Hardware continues to get the greatest share of projected spending at 40 percent of overall budgets followed by software at 34 percent and IT services at 26 percent.<\/p>\n