Signal Tech budgets split 35 percent maintenance, 36 percent growth, 29 percent transformation

Summary

KPMG asked organizations how they allocated their technology budgets for 2025. Spending turned out to be spread fairly evenly across three types of initiative. Maintenance received 35 percent, growth through incremental improvements to systems and workflows received 36 percent, and transformation through radical overhauls of business models and processes received 29 percent. High performers direct a larger share, 42 percent, toward growth and spend less on maintenance. The report links this tilt to their more advanced maturity and better discipline in managing technical debt.