it manager

Today, businesses are 100% reliant on information technology for day-to-day operations, yet fewer than 50% of organizations involve senior management in IT decisions. There are four key areas where senior management must play an active role:

Enterprises looking to adopt a new software solution often have a difficult time deciding between building and buying. Business and IT decision-makers should conduct a cost-driven analysis to arrive at the right strategy for the enterprise.

Enterprises buckling down on spending will target projects and freeze hiring, but for many IT departments the cuts won't stop there. To avoid debilitating hatchet-like cuts, IT must learn to manage service levels and communicate the consequences of IT budget decreases on business services.

The implementation of a just-in-time (JIT) budget gives companies flexibility in volatile economic conditions. With unstable revenue streams, making a long term (8 months+) IT budget is almost impossible and distracts management. A JIT budget process provides companies with a clear and functional budget.

By implementing the JIT process, IT managers will be able to use budgets that can be altered quickly in response to negative changes in the external environment. To read more, click the link below...

It would make sense that bigger enterprises would target different areas than smaller enterprises when it comes to reducing IT costs.

However, measures of organization size, such as number of staff, revenue and budget, have little impact when IT leaders decide where to trim IT expenditure.

Info-Tech surveyed IT leaders to find out about their cost reduction activities and behaviors. The survey delved into nine major IT spending areas. To read more, click the link below...

The current regulatory environment in the US demonstrates growing intolerance for privacy violators; consequently, privacy is a growing concern for IT leaders.

Mounting regulatory demands, the growth of 24x7 online business and the constant shadow of an uncertain economy underscore the importance of managing risk in all its forms – whether related to business, data or events. This IBM Global Study uncovers the challenges associated with IT risk, and the steps IT managers and CIOs are taking to better understand, confront and resolve this concern.