Free Newsletter GlossaryContact UsAbout Us
Coding & ScriptingDesign & ProcessToolsBusiness & Careers

March 27, 2006

Execs Surveyed Insist Too Little Is Spent On IT



Courtesy of TechWeb News

Almost half of senior corporate executives believe their companies are spending too little on IT this year, a survey released Monday showed.

Interviews with 230 U.S. executives showed that 46 percent believed their companies weren't spending enough on IT, compared to 10 percent who said too much was being spent and 44 percent who said spending was just about right, said Managed Objects, a McLean, Va.-based, business service management company that commissioned the survey.

The survey indicated that senior executives were not as stingy with IT budgets as their reputations suggest, and many of them saw the value of technology in their businesses, Managed Objects chief executive Siki Giunta said.

Executives who believed IT departments were overspending were nearly twice as likely as IT managers to look toward reducing or reallocating staff as the primary way to reduce costs. While executives believed reducing manpower would have the most impact on the company's bottom line, IT managers believed reducing IT downtime would have a greater impact.

While some results from the survey were released Monday, the full study, called "Measuring and Optimizing the Cost of IT: A Progress Report," would be released in April.

E-mail This Story
Print This Story
Reprint This Story




Get the latest Developer news, product info, and trends every week.


Related Content

  Right-click and choose Copy to extract RSS Feed URL  Developer Pipeline's Main RSS Feed
  Right-click and choose Copy to extract RSS Feed URL  Developer Pipeline's Blog RSS Feed




Editorial and vendor perspectives






Editor's Picks
Special Report: Are Computers Destroying The Earth?
With Earth Day just around the corner, two reporters cross swords over the question of whether computers and technology are helping or hurting the environment. See what they have to say, then vote on who's got it right.

Embedded Experts: Fix Code Bugs Or Cost Lives

Apple's Boot Camp: Macs Do Windows

Microsoft Platforms Chief Talks Co-opetition With Open Source

Crash Course: Get a Handle on Web Services Specs and Standards

How do recent stories highlighting the ability of Apple's new Intel-based Macs to run Windows as well as Mac OS X affect your view of Macs as development platforms?
Macs that can run Windows and OS X? Gimme!
    39%
Yawn. No thanks.
    22%
It all comes down to price point. Count me as maybe.
    17%
Ha. If it doesn't run zOS or Solaris, forget it...
    12%
Apple? Never! TRS-80 RULEZ!
    10%

Product Finder
E-fficiency: Web App IDEs
Want to give your e-business a competitive edge? Turbo-charge your development projects with one of these Web application development IDEs.

Web Site Development Made Easy

A "Class" Act: Software IDEs





DEVELOPER PIPELINE MARKETPLACE (sponsored links)
Download MICROSOFT SEARCH SERVER EXPRESS 2008 FREE
Search file shares, SharePoint sites, Exchange Public Folders, Lotus Notes repositories, and more!

Why a CMDB?
IT best practices (ITIL) have shown the benefits of a CMDB. Click for whitepapers.

FASTforward, the Top Search Innovation Conference!
Discover how top companies use search to engage users with information driving sales & productivity.

"Six Sigma" Certification
Villanova Six Sigma Certification 100% Online Program -- FREE Info.

PMP Certification-Online
Nation's Leading Online PMP Course From Villanova. Learn More Now.


Buy a Link Now