Singapore enterprises are set to cautiously increase their technology budgets in 2026, according to Apptio’s latest Technology Investment Management Report. Despite this upward trend, nearly half of the respondents express significant uncertainty about the return on investment (ROI) of their tech expenditures, impacting decision-making for chief information officers (CIOs), chief financial officers (CFOs), and financial operations (FinOps) teams.
The report reveals that almost 50% of Singaporean companies anticipate slight increases in their IT and software budgets, reflecting a cautious approach rather than aggressive expansion. However, 49% of respondents highlight that doubts about the value of these investments significantly affect their confidence in making technology decisions.
A notable trend is the funding of artificial intelligence (AI) initiatives, with 67% of organisations planning to reallocate existing budgets rather than seeking new investments. Cybersecurity remains a critical area, with 60% of respondents identifying it as a cost-sensitive aspect of their technology infrastructure.
Additionally, the report highlights a strong reliance on cloud service provider tools among FinOps teams, with 81% of respondents using these native platforms for cloud cost management. This dependency underscores the importance of cloud cost visibility and control in the current tech landscape.
The findings suggest a shift from cost control to demonstrating value in technology decision-making, a theme that could shape future strategies for Singapore’s tech leaders.
