Monday 9 January 2012

CBI Report on IT Spending

Despite cutbacks in other areas, a recent report from the CBI indicates that companies still want to invest in IT, seeing it as a vital part of the company infrastructure. Looking at the report for CIO UK magazine, Richard Hammell looks at why companies are still spending on IT.
The CBI report highlights four key areas in the IT domain that business leaders see as vital for commercial success: ‘IT leadership and talent’, ‘Business driven delivery of large scale IT projects’, ‘New models for sourcing and contracting’ and ‘Innovation through analytics’. Hammell stresses the particular importance of analytics and the insights gained for the company through such analysis. “Whatever the outcome, the IT department should champion and exploit insight, not just technology…for each individual organisation, the challenge is to identify where IT matters the most,” he writes. See more about why companies value IT at http://www.cio.co.uk/article/3323840/it-matters-again/?pn=1

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