Gartner predicts that by 2017 chief marketing officers will spend more on IT than their counterpart CIOs.
This isn't an outrageous prognostication when you consider, as most observers do, that marketing is the new de facto growth mechanism for many companies. Some well-known product companies (Cisco Systems for example) don't really manufacture their own products or sell directly at all. Their domain is making sure their brand meets its market.
Gartner says 2011 B2B and B2C marketing budgets as a percentage of revenue were almost three times as high (10 percent) as IT budgets (3.6 percent). In terms of 2012 growth, IT budgets grow 4.7 percent, all marketing 9 percent, high tech marketing 11 percent.
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