Nonprofits are spending more on software than hardware as a drive toward cloud-based computing is leading organizations to shift technology resources around.
For the first time in its eight years of benchmarking surveys, the nonprofit technology support group NTEN found that nonprofits spent more last year on software than hardware. Spending on hosted software packages saw the largest increase in spending from last year, with 43 percent of surveyed organizations saying they increased their outlays for such services.
Growth remains possible it would seem for vendors who offer marketing or communication packages. Respondents were fairly confident in their effective use of technology to support these efforts, and less than average confidence in using technology to fundraise.