Survey: Philippine IT managers plan to hike budgets

09.03.2006

Projects concerning security are another major aspect that needs proper attention, claimed survey respondents. Being fourth among the top budget priorities, security concerns must be addressed at once as the threat posed by computer viruses and hackers is increasing and changing every year.

Last year, majority of survey respondents disclosed that they spent P10 million (US$195,000) and below for hardware, software, staff, services, and other operating budgets. Of the total spending, 50 percent of IT budget was spent on operations; 30 percent was used to pay wages and salaries of their staff; and 10 percent for overhead, supplies, and miscellaneous items.