Piper Sandler CIO survey finds AI spending ’beyond experimental’
Yahoo Finance ·
Piper Sandler CIO survey finds AI spending ’beyond experimental’ Sam Boughedda Mon, June 29, 2026 at 11:49 AM EDT 1 min read PIPR MSFT AMZN Investing.com -- Enterprise AI adoption has moved well past the planning stage, with 86% of IT decision-makers now deploying copilots, agentic AI, or fully autonomous systems, according to Piper Sandler's first-half 2026 CIO Pulse Survey. Analyst James Fish said the survey's overall tone remains constructive, with IT budgets projected to grow 4.8% in 2026, a two-percentage-point improvement from 2025 and broadly in line with the 5.2% growth recorded in Piper Sandler's December survey. Fish noted that "initial IT budgets historically start out more optimistic," making the stability of that figure relative to six months ago an encouraging sign. Security is said to remain the top spending priority at 73% of respondents, followed by Application Software at 61%. On-premise infrastructure, IoT connectivity, and communications ranked lowest, with each category seeing the most negative revisions versus the prior survey. On AI, Piper Sandler said concerns around data quality and accuracy have now surpassed security and governance as the primary barrier to GenAI adoption. The survey also found that 63% of respondents expect AI to weigh on headcount, up from 45% in the previous survey. Cloud infrastructure spending intentions remain healthy, with 94% of respondents planning to increase spending on AI infrastructure. Azure and AWS maintained leadership positions ahead of Google Cloud and Oracle Cloud Infrastructure. Notable stock callouts from Fish based on survey trends include Amazon, Arista Networks, Datadog, Dell, Microsoft, Palo Alto Networks, and Rubrik, among others. Piper Sandler CIO survey finds AI spending 'beyond experimental' JPMorgan outlines ten strategic themes that could shape the outlook for 2026 As Claude disrupts stock market, Anthropic researcher warns 'world is in peril'
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