Indian CIO's predict 13 percent growth: Gartner

CIOs in India are planning to grow their IT budget by 12.8 percent in 2012, while CIOs globally expect flat growth, says Gartner.

The Indian CIOs say that their budgets are supporting business strategies, concentrating on growth and innovation.

The survey was conducted in the fourth quarter of 2011, and included 2,335 CIOs, representing more than $321 billion in CIO IT budgets, and covering 37 industries in 45 countries.

''CIOs concentrating on IT as a force of operational automation, integration and control are losing ground to executives who see technology as a business amplifier and source of innovation.

Effective leaders use technology, which includes IT, to strengthen the customer experience and eliminate costly internal distortions. They are using technology to 'amplify' the enterprise,'' said Mark McDonald, group VP for Gartner executive programs and Gartner Fellow.

Analytics/business intelligence was the top-ranked technology priority for 2012 in India, while 'increasing enterprise growth' stood first among top business priorities.

Meeting business expectations for increased growth, innovation and a transformed customer experience is part of the context for the IT budgets of Indian companies, as 70 percent of firms in the survey seek to increase their CIO IT budgets, with only 10 percent planning to reduce the IT budget.