More than three in five IT directors expect to spend more on data erasure and hardware disposal in 2021.

Increased expenditure in cloud technology and more IT support needed for staff working remotely are key drivers for larger budgets, according to new research from DSA Connect. 

The IT asset disposal company, which specialises in the permanent deletion and destruction of electronic data, says there is growing concern from IT directors over disposal of IT hardware and data.

The research reveals more than three in five IT directors (62%) believe their employers' IT budget will increase for 2021. Nearly half (48%) cite the need to invest in more cloud technology as a key reason for this, and this is closely followed by 45% who believe the additional funds will be used to provide greater IT support to staff working from home.

 A further 7% say its because they have been hit by more cyber-attacks during the Covid-19 crisis and therefore need bigger budgets to invest in IT to provide greater security.

Just 12% of IT directors interviewed said they expect their budgets to fall next year, with the majority blaming a fall in revenue/profits for this.

Read more here.