Executive summary

Organizations are continuing to pursue their digital transformation goals. Participants in the Flexera 2021 State of Tech Spend survey once again ranked digital transformation as their number one technology initiative. Cybersecurity and cloud follow closely behind as the second and third most important initiatives. 

The Flexera 2021 State of Tech Spend Report offers a high-level perspective on the technology and spend issues that concern senior IT leaders as they develop tech strategies and make technology choices. Additionally, the report examines shifts in enterprise IT spend on technologies that enable business transformation. The report’s granular data and insights deliver a substantive view into changes around such topics as software vendor spend, the ways organizations are trying to optimize their spend and the relevance of data centers. The report documents these trends, providing benchmarks and insights that help IT professionals make better decisions