美洲科技_IT 支出调查：支出意愿下滑，但指数仍处于扩张区间-Americas Technology_ IT Spending Survey_ Downtick in spending intentions though indices remain in expansion territory

Summary of IT Spending Survey - November 2025 Industry Overview - The survey focuses on the IT spending intentions of companies, reflecting the overall sentiment in the technology sector amidst global macroeconomic uncertainties. Key Findings IT Spending Indices - Overall IT Spending Index decreased to 68.0 from 74.0 [15] - IT Capital Spending Index decreased to 65.5 from 67.0 [15] - Both indices remain above the contraction/expansion breakpoint of 50 [27] Spending Intentions for 1H26 - 56% of respondents expect Overall IT Spending to increase, down from 58% in May 2025 [2] - 43% anticipate an increase in Capital IT Spending, down from 48% [17] Gen-AI Budget Allocations - 93% of CIOs plan to allocate less than 10% of their budgets to Gen-AI products in the next 12 months, consistent with previous surveys [3] - Over the next three years, 99% of CIOs expect to spend on Gen-AI, with 85% planning to allocate 1-15% of their IT budget [4] Subsector Insights Software - Public cloud adoption remains strong, with 29% of workloads currently in the cloud, expected to rise to 47% in three years [103] - Azure leads in cloud workloads with 48% IaaS and 43% PaaS market share [10] Servers and PCs - Server spending expectations improved, with 37% of respondents expecting to increase spending [50] - PC spending expectations worsened, with 28% expecting to decrease spending [56] Storage - Mixed expectations for storage spending, with 47% expecting to increase spending, slightly down from 48% [63] Networking - Networking equipment spending expectations worsened, with only 38% expecting to increase spending, down from 47% [71] - Cisco is expected to gain share in networking budgets, with a net 12% of respondents indicating an increase [80] IT Services - Discretionary IT Services spending intentions declined, with only 40% expecting an increase [86] - Clients are increasingly cautious, with 53% planning to cut or delay spending due to budget constraints [89] Security Software - Security budgets are expected to grow, with 67% of respondents anticipating increases due to Gen-AI [25] - Security software valuations are trading at a 40% premium compared to broader software coverage [25] Additional Insights - The overall sentiment indicates a moderation in IT spending due to ongoing macroeconomic uncertainties, including trade volatility and commodity supply issues [15][27] - Companies are focusing on AI-driven efficiencies, with many preferring to retain cost savings rather than reinvest in vendor spending [98] This comprehensive overview highlights the current state of IT spending intentions and the evolving landscape of technology investments, particularly in the context of Gen-AI and cloud adoption.