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Top IT Investment Areas for 2008
According to our study of over 200 IT managers, about 30% of IT spending this year will go towards new initiatives (as opposed to ongoing, "keeping the lights on" spending). But where are those new-initiative dollars going? In this study, we examine where IT organizations are most frequently spending their new-initiative dollars to gain efficiencies, improve service levels, and support business objectives. (5 pp., 8 figs.)[Executive Summary]
July, 2008
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IT Spending For New Initiatives: Key Measure of Efficiency, Competitiveness
Tracking the ratio of ongoing IT support costs to new-initiative spending can be critical for maintaining a proper level of investment in IT infrastructure. In this study, we look at the percentage of the IT budget currently allocated to new initiatives, establish a benchmark for an appropriate ratio of spending on new initiatives versus ongoing support, assess current practices on tracking new-initiative spending, and discuss advantages for establishing systems to track this important ratio. The study is based on interviews with IT executives and a survey conducted in October and November 2007 on IT budgeting. The study analyzes responses from 112 IT executives representing companies with annual sales between $30 million and $100 billion. (3 pp., 4 figs.)[Executive Summary]
January, 2008