Why IT Spending Is All About the Business

Why IT Spending Is All About the Business

IT’s primary objective, as always, is to support the business, but how IT spends its resources is now tightly linked to key business outcomes.

70% of survey respondents say it is either “very important” or “critical” to link IT investments to key business outcomes.

Just 47% say their organization is doing a “very good” or “excellent” job of communicating/demonstrating the impact of IT investments upon key business outcomes.

56% say they’re considering the streamlining of their operational processes to more effectively drive business outcomes through IT investments, and 38% want to increase standardization to do this.

In making tech investment decisions, 75% of survey respondents say their organization is more focused on the improvement of IT security than it was two years ago.

51% say their company is more focused on managing costs through IT investments than it was two years ago.

49% say they’re more focused on mitigating risk through IT investments than it was two years ago.

68% say that key business outcomes/goals take a higher priority when making IT investment decisions, compared to just 32% who say tech operational outcomes take a higher priority in making these decisions.

80% are either currently running, building or planning a cloud/virtualization management initiative, and 75% are doing the same for application performance management.

78% are either currently running, building or planning a process automation initiative, and 71% are doing the same with efforts to converge data center infrastructure.

Security: 44%, IT governance/compliance management: 29%, Migration to IT-as-a-service: 24%