Market
Though industry surveys
show IT budgets are growing, there is still significant management focus
on controlling IT costs, and corporate leadership is facing
unprecedented pressure to deliver demonstrable returns on investment.
Surveys show that across industries most companies spend about three
percent of their revenues on IT, with spending primarily determined by
past practice rather than strategic alignment to business imperatives.
An independent industry
wide survey of 309 companies conducted in December 2003 and January 2004
revealed that companies are still determining how to become adaptive
organizations. They are looking for the ability to predict the future,
map current IT resources to business demands, and analyze IT strategies
used in the past. An adaptive organization can change faster, with less
risk and reduce costs to meet business demand.
Such research alludes to
the disconnects companies are facing – different views among business
and IT mangers about the role IT plays in the business, the value that
IT can bring, and the management practices needed to effectively bring
IT to bear on business strategies.
For additional
information or to schedule an interview, contact:
Donna Wiss
GroundFloor Media
Direct: 303.933.0674
Mobile: 303.907.3307
Email:
dwiss@groundfloormedia.com
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