State IT budgets have collectively increased by $4 billion, or about 16 percent, in fiscal year 2015 compared to last year’s figures, as state revenues and overall budgets continue to strengthen, according to a new report from Deltek.
The surge in planned IT spending for 2015 marks the second-highest single-year gain since Deltek has been keeping track of budget information. The report analyzed the 2015 proposed budgets for all 50 states and compared them to the 2014 numbers.
The increase in IT budgets at the state level is not just a fluke, Deltek’s Chris Cotner said in the report. IT budgets appear to be on an upward trajectory for the near future.