Barclays 1H 2024 CIO Survey Results

This document is a technical report detailing the findings from the Barclays 1H 2024 CIO survey conducted in Spring 2024. The survey received 100 responses, indicating a sustained expectation of IT spending growth at 3.1% for 2024, consistent with the previous survey's outlook. The report outlines key insights into various sectors, including software, IT services, and hardware, highlighting a shift back towards digital transformation initiatives among CIOs after a focus on cost-cutting in the previous fiscal year. The report also presents detailed survey results, including spending expectations across different IT categories, with a notable increase in storage and communications spending. The findings suggest that while there is cautious optimism for IT spending growth, macroeconomic uncertainties may influence future expectations. The report includes a methodology section that describes the data collection process and participant demographics, ensuring transparency in the survey's execution.