March 27, 2006 Execs Surveyed Insist Too Little Is Spent On IT By Antone Gonsalves 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.			Special Report: Are Computers Destroying The Earth? IT Employment Reaches Record High In U.S. Web App Hack Incidents Are Up As Businesses Take Cover IT Mergers Have Feds Flailing Against Tech Globalization Is Open Source Ready To Implement SOA? IT Governance: It Matters How Decisions Get Made     Developer Pipeline's Main RSS Feed     Developer Pipeline's Blog RSS Feed VIEW ALL BRIEFING CENTERS Editorial and vendor perspectives 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% 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