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Statistic
The top three priorities for technology initiatives are: digital transformation (74%), cybersecurity (73%), and cloud/cloud migration (63%).
Flexera: 2022 Tech Spend Pulse
View Statistic Source, Methodology, And Link
Publish year:
2022

Report Methodology

The report surveyed 501 high level managers and global technology executives with a significant of their knowledge of company budget from a variety of industries.

Why it Matters

This statistic matters because it highlights the crucial areas that businesses are prioritizing in terms of technology. Digital transformation is crucial for staying competitive, while cybersecurity is essential for protecting sensitive data. Cloud migration is also significant as the cloud offers scalability and cost-effectiveness. Prioritizing these areas ensures businesses stay agile, secure, and modernized in the digital era.

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