Why IT Spending Is All About the Business

Why IT Spending Is All About the Business

Why IT Spending Is All About the BusinessWhy 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.

Crucial LinkCrucial Link

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

Communications GapCommunications Gap

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.

Lean MachineLean Machine

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.

Priority Shifts: Protective StancePriority Shifts: Protective Stance

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.

Priority Shifts: Budget-MindedPriority Shifts: Budget-Minded

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

Priority Shifts: Safety StrategyPriority Shifts: Safety Strategy

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

Dominating AgendaDominating Agenda

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.

Wheels in Motion, Part IWheels in Motion, Part I

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

Wheels in Motion, Part IIWheels in Motion, Part II

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.

Most Challenging Tech Initiatives to DeployMost Challenging Tech Initiatives to Deploy

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

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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