Companies are still concerned about the economy, but that hasn't stopped them from funneling more of their revenue to the IT department, according to the latest survey data from the Society for Information Management (SIM).
First there was the fiscal cliff. Now there's the sequester. Neither caused the sky to fall, but both will have a slow, steady impact on the economy. That means CIOs should tread carefully when crafting IT budgets for the next couple years--and shouldn't be surprised to hear 'No.'
It’s that time of year again for every CIO to reflect and think about what they want for the coming year ahead. No, this doesn't have to involve gadgets or really, really cool technology. Instead, it’s a much broader wishlist that looks at some of the common challenges facing the modern CIO.
The view of IT as ‘just another expense’ that seems to be widely held among chief financial officers is changing, according to Gartner. The research firm found that CFOs are now starting to understand that IT can help the wider business and are investing in technology.
Companies are still looking for ways for IT to reduce costs, still trying to increase employee productivity, and still cautious about raising IT salaries, according to the latest survey data from the Society for Information Management (SIM).