Last quarter, ChangeWave saw a tightening in the software spending environment. Now a new ChangeWave survey points to a deeper erosion in overall business software spending going forward. The July 11-25 survey points to the slowdown affecting most major software categories.

The survey also shows that corporate capital budgets have taken a hit over the past 90 days – and the debt reduction impasse in Washington is an important contributing factor. Thus even as the national debate focuses on the potential consequences of an August 2nd default, the survey findings show the impasse is already having serious consequences for corporate capital budgets and that damage to the U.S. economy has started to occur.

A total of 1,632 respondents involved with software purchasing in their company participated in the survey.

Report details include:

• 90 Day Enterprise Software Spending Projections
• Projected Software Spending By Company Size
• Adjustments to Overall Capital Budgets
• Impact of Debt Reduction Impasse in Washington on Capital Budgets
• A Look at Software Categories Going Forward – including BI, Data Storage, Virtualization, CRM, ECM, and ERP, among others
• Key Reasons Behind Future Software Spending

Additional findings of interest include:

• Closer Look at Virtualization
• Expected Time Period of Greatest Software Spending Increase

The complete Corporate Software Spending Report is available here.