What Do EDOs Spend on

Technology?

The use of technology and digital tools in the economic industry is growing…

…but are EDOs putting more of their budget aside to compensate for these changes and upgrades?

What percentage of their budget do you think most EDOs spend on technology and digital tools?

Less than 5%?...

…More than 5%?

SURVEY SAYS…According to a recent Community Systems survey, we found:

• 12% of EDOs spend more than 10% of their budget on technology

• Only 8% of EDOs spend 1% or less

• The majority of EDOs (39%) spend 2%-7% of their operating budgets on technology

SURVEY SAYS…

0-1% 2%-4% 5%-7% 8%-10% 10+% Don't Know

8%

21%18%

15%12%

0.25

What Do EDOs Spend on Technology?Reported Unreported/Unsure

Where does your organization fall?

Be learning the benefits of new technologies and digital tools, will EDOs allocate more of their budgets in the future?

LEARN MORE• Learn more about these results in our white paper,

Creating a Digital Road Map for the Economic Development Industry

• Making the Transition: 5 Technologies That are Shifting Economic Development to Digital

• The Big Data Mistake Every EDO Makes: Part I