Companies plan to increase spending in 2020 with Microsoft, Amazon, and ServiceNow and cut budgets for IBM, Box, and Oracle, JPMorgan survey says (MSFT, AMZN, NOW, IBM, BOX, ORCL)

Companies plan to increase spending in 2020 with Microsoft, Amazon, and ServiceNow and cut budgets for IBM, Box, and Oracle, JPMorgan survey says (MSFT, AMZN, NOW, IBM, BOX, ORCL)

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· According to a JPMorgan survey of 130 CIOs of large businesses, CIOs expect to increase their spending in 2020 with Microsoft, Amazon Web Services, and ServiceNow.
· CIOs expect to decrease spending on services from IBM, Box, Oracle, and Dropbox, according to the survey.
· Right now about one-fifth of IT budgets are spent...

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