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Out of the shadows: Stealth IT spend to increase by 20% in 2015 - Seite 2

The biggest shadow IT spenders, according to CIOs*, were US companies, outlaying a huge €26mn per company as a proportion of their 2014 global IT budget - more than double that of companies in the UK and France who admitted to spending €11mn and €10mn respectively. Firms in Germany estimated to spend over four times less on shadow IT than US companies. The findings demonstrate international firms' challenge to manage employees' varied attitudes to shadow IT spend across countries.  

What's driving shadow IT in 2015?

In terms of future growth, 37% of CIOs, CFOs and business decision makers where shadow IT spend was already taking place, predicted that improved mobility would be a big influencer of shadow IT spend moving forwards. This figure was higher for respondents working in the retail sector (44%), IT and telecoms (42%) and financial services (39%).

Worryingly, 37% of respondents indicated that their IT department's inability to sanction short term pilots quickly enough and host products for launches in time (34%) would be key causes of shadow IT investment. For execs working in the Utilities sector, sluggish IT departments were cited as a major driver for a massive 61% of those surveyed. Improving customer service by developing new applications was listed as a key reason by 34% of respondents, rising to 43% for retail respondents.

"As businesses become accustomed to operating at digital speed, using IT to enhance customer experience and top-line revenue opportunities, the IT department must be ready, both in terms of technology and  governance,  to support short term projects and accelerate the development of cloud native applications to improve service and increase customer spending," concluded Philippe Lllorens.

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Notes to Editors

About the Research
Independent research was conducted by Vanson Bourne in September 2014 in 5 key markets. 75 CIOs and 75 CFOs and 50 BDMs were surveyed in the UK, Germany, France and the US. 50 CIOs, 50 CFOs and 50 BDMs were surveyed in the Netherlands.
59% of respondents were in listed companies with 21% of them on the FTSE, 34% on NASDAQ, 33% on NYSE and 44% on EURONEXT. 71% of the respondents were in enterprise organisations (with 1000+ employees) and 17% of the sample was in companies of 10,000+ employees. Average organisational global annual revenue was €1.49bn and respondents in companies of 10,000+ employees had average global annual revenues of €4.05bn.