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TechRadar

Craig Hale

Experts warn software budgets could be set to soar as AI bills are on the rise

Man coding programmer, software developer working on digital tablet with binary, html computer code on virtual screen.

Forrester analysts warn around four in five leaders and ITDMs envision having larger budgets in 2027
Consumption-based AI pricing is making it harder to predict outlay
Targeted investment to improve data quality is key

Forrester is predicting software budgets could be set to rise, with more than four in five leaders expecting to increase overall budgets over the next 12 months and 82% of tech decision-makers expecting larger budgets.

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