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IT Management Slideshow:
IT Spending Trends

By CIOinsight on 2009-05-08


The Information Systems Audit Control Association (ISACA), a nonprofit group that represents 86,000 IT governance, audit and security practitioners across the globe, recently conducted a survey of 500 IT pros about technology investments and an evaluation of their returns. Here’s a recap of the findings.

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25% of companies will increase their IT investments this year

16% will make sweeping cuts in IT spending

14% will keep spending at the same rate

47% of those surveyed said the CIO was responsible for optimizing returns on IT-related investments

20% said the board, the CEO or the CFO is responsible for optimizing returns

66% of organizations do not share an understanding of IT value across different departments

Approximately 50% of organizations are measuring IT value to some degree

29% of organizations are fully measuring the value of their IT investments

51% of organizations have a framework to prioritize IT investments based on the value they bring to the organization

69% of organizations reported that they are reaping at least 50 % to 100 % of the expected value from their IT investments

31% of respondents listed improved customer service as the top benefit received from IT investments

24% listed cost reduction as the primary value driver for IT investments

7% reported new or improved products and services as the biggest benefit

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