STAMFORD, CT – According to a recent global Gartner survey of 1,000 CIOs in February and March, Asia-Pacific CIOs expect their budgets to increase 5.98% in 2008, while European CIOs expect a 3.85% increase.

U.S. CIOs, however, only expect their budgets to increase 2.3%.

The average expected increase for all CIOs is 3.3%.

“The reason we believe IT budget growth will remain stable globally at 3.3% is because Europe and Asia-Pacific are experiencing accelerated and additional growth,” Gartner analyst Mark McDonald said. “The current economic conditions when viewed from outside the US are seen as a US-only phenomenon.”