Rising AI, Analytics Budgets Could Lift Microsoft, Snowflake, Datadog
BofA Securities analyst Brad Sills disclosed its software spending survey on Tuesday.Since his last survey in December, Sills’ IT professionals’ survey suggested that software spending growth intentions have come down a bit for the second half of 2025 and 2026. Software spending is expected to grow +9.9% for 2025, down 100 basis points from his December survey, and +10.8% for 2026, down 40 basis points. He said this aligns with management and channel commentary that changing macro policies are muddling the ...