How does your organization stack up when it comes to 2020 technology spending? In a first-ever State of Tech Spend Survey, Flexera sought to help companies answer this question, finding that respondents spend 8.2% of revenue on IT, with 56% expecting that number to increase in 2020. The survey found that the top three initiatives are digital transformation, cybersecurity and cloud-first/cloud migration. Further, 43% of respondents say that too many manual processes present a significant challenge to managing IT spend.