SIM IT Trends study organizations represent $232 billion in IT spending and 28 percent of US GDP
SIM's IT Trends research team is working to understand and write up the findings from this year's record-breaking 36th Anniversary Study in which 1,218 SIM members participated (up from 1,002 last year), representing 785 unique organizations (up from 717), and 486 CIOs (up from 451). The overall response rate was 24.7 percent, a substantial increase over last year's 21.4 percent! Although SIM member organizations come in all sizes, the average annual revenue of these 785 organizations is almost $6.25 billion, representing a combined total revenue of more than 28 percent of 2014 U.S. GDP. Their average annual IT budget is just shy of $295 million, so more than $231.5 billion in IT spending is represented by the 785 responding organizations.
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