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Industry Stats
Half of US Companies Plan to Increase IT Spending in 2012
Half of US companies plan to invest more on IT resources in 2012 than in 2011, according to a new survey by Nucleus Research. In fact, 10 percent of the companies surveyed are planning an increase of 10 percent or greater. A mere one out of 10 companies plan to decrease spending next year. Nucleus expects to see continued investment in areas including CRM, integration, business intelligence and analytics, and workforce management. Nucleus also identifies ways to improve IT spending, including:

  • Move applications to the cloud: typical companies can redeploy 15 to 25 percent of their overall IT personnel budget by moving applications to the cloud.
  • Move custom applications to the bottom of the list: Today commercially-developed and supported applications typically meet at least 80 percent of requirements.
  • Get real about asset management: 42 percent of companies made unnecessary software or hardware purchases that could have been avoided if they had access to more accurate data about their applications.
  • Employers Want CIOs to be Strategists or Revolutionaries
    Driven by rapid advancements and integrations of new technologies and evolving business needs, the role of the chief information officer (CIO) is shifting from steward to strategist or revolutionary, according to a new Deloitte survey of information technology (IT) executives in the United States. According to the poll, 45 percent of nearly 1,000 IT executives surveyed say their own CIO is viewed as a steward while another 45 percent say their CIO is a strategist. The remaining 10 percent claim their CIO is a revolutionary -- a percentage Deloitte expects to grow as technology continues to change the way business is done.

    Among respondents who do not view their CIO as a revolutionary, 66 percent believe that to be a revolutionary CIO requires four critical skills -- industry knowledge, business knowledge, technological experience and staff development. The perception of the CIO within a company contrasts survey respondents' understanding of what IT's primary contribution to an organization should be. A majority (60 percent) of survey respondents think IT should facilitate growth and productivity -- nearly twice as many respondents that believe IT needs to be a competitive advantage (36 percent) for their company.

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