Airports increased their total spend on information technology to nearly 5% of revenues in 2012, this year's Airport IT Trends Survey shows.
The annual benchmarking survey, now in its tenth year and produced by ACI World, Flightglobal Pro's sister publication Airline Business and SITA, shows 2.82% of revenue was allotted to operations in 2012. This compares with 2.67% in 2011. Likewise revenue assigned to capital projects stood at 2.08% in 2012, compared with 1.63% in 2011.
This equates to a 4.9% spend of airport revenue on IT, compared with 4.3% in 2011.
The survey shows airports spend this year is likely to reach nearly 5.5% of total revenues. This divides into 3.04% of revenue for operations and 2.39% for capital projects, and equates to around $6 billion in total airport IT spend in 2013.
The survey shows 62% of airport IT bosses are enjoying an increase in absolute spend in US dollar this year. This is up from 56% last year. This is set to rise slightly next year, as 63% predict available funds will rise.
The tenth industry benchmarking SITA Airport IT Trends Survey is based on responses from participants representing more than 255 airports globally, representing 54% of global passenger traffic.