CIOs Plan to Invest Heavily in Business Apps
Enterprise business applications continue to emerge as a critical area of focus for CIOs and other top technology managers, according to a recent survey from Delphix. With a significant degree of improvements needed in business operations and analysis, the majority of organizations are looking to substantially increase their budgeting for these apps. In fact, an average of $173 million per enterprise is being allocated for these projects in 2013, accounting for 41 percent of the total IT budget. In special demand are tools to enhance business process management and business intelligence, as well as those that facilitate rollouts and support more projects simultaneously. That said, the vast majority of tech leaders admit that it's very difficult to deliver these projects on time and within budget, and that the early developmental stages can be especially challenging. Nearly 110 CIOs and other senior-level IT executives took part in the research, which was conducted by IDG Research for Delphix.