2026 IT Spending Report
IT Spending & SecurityInsights 2026
Anonymised data from Graphite IT clients across Yorkshire and the UK — revealing how businesses are spending on IT, what's going wrong, and what works.
2026 IT Spending & Security Threats
Based on IBM X-Force Threat Index, Gartner, and UK SME industry reports
78%
UK SMEs increasing technology investment
Planning to grow IT budgets in 2026
£12.4bn
UK SME cloud services spending projected
Cloud adoption accelerating across sectors
49%
Surge in active ransomware groups
IBM X-Force 2026 Threat Index
89%
Increase in AI-enabled attacks
Critical security concern for 2026
Critical threat trends in 2026
Year-over-year increases in attack prevalence — IBM X-Force Threat Index 2026
Public-facing app exploits
44% increase
AI-enabled attacks surge
89% increase
Ransomware & extortion groups
49% surge
Supply chain compromises
4x increase
IT spend by sector
Professional Services£3,200/employee/yr
Manufacturing & Engineering£2,800/employee/yr
Financial Services£4,100/employee/yr
Healthcare & Social Care£3,100/employee/yr
Retail & Hospitality£2,000/employee/yr
Construction£1,400/employee/yr
Top support issues
Vulnerability exploitation attacks40%
Compromised credentials35%
Phishing & social engineering28%
Ransomware deployment22%
Missing security patches18%
Inadequate access controls15%
How does your business compare?
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