Strategies and Trends for Information Technology Leaders
CIOUpdate’s financial strategies section helps CIOs make the most of their enterprise’s time, money and talent.
As I’m sure most of you would agree: if calculating costs is tough, calculating value is even harder. This is true even when the value of a management investment is directed at gains in efficiency, many of which result in operational cost savings. Yet many vendors still seem to cherish the notion of a handy…
Several little known but fantastic tax incentives have been in place all year but there are only a few days left to take advantage of these breaks. First and foremost on the list of big bucks benefits with a short expiration date is the Bonus Depreciation tax allowance, a.k.a. the “100% Special Depreciation Allowance.” This…
by Alejandro Camino of Softtek Two thirds of a CIO’s average software and services budget is spent on keeping existing applications up and running. This leaves the CIO’s team with very little room to create new IT solutions for its core business. The following are five key ways a CIO’s team can maximize their applications…
The quest for business agility became nearly universal as the U.S. was appearing to emerge from recession. The central idea is that organizations of all sizes need the speed and agility of a startup to respond rapidly to changing conditions. Now that the U.S. economy is sputtering again, demands for business agility are becoming even…
by Brian Lapidus of Kroll – Cyber liability insurance is getting more attention these days, thanks to some high profile breaches and a growing awareness of the costs associated with cyber risk. And the timing couldn’t be better, as costs are indeed reported to be rising. Perhaps one of the biggest obstacles to offsetting the…
This is the age of hacktivists and terrorists, and –ists of every malicious ilk, yet many businesses continue to rate IT security on par with housekeeping — a necessary but costly activity beneath C-level executives’ notice. But, given recent, constant and costly security breaches of the past 18 months or so, it is imperative to…
Strategy is creative. Financial planning is operational.Strategic and financial planning require different skills, timelines, and different measures of success. You must separate the two streams of work if you want a real strategy. IT organizations are fairly expert and annual plans and budgets, but not so much at creative, strategic planning. So the money wins…
“We are seeing some increase in capital spending on IT, but only some,” said John Longwell, VP of Research at Computer Economics. “Enterprises are still shying away from anything that is too disruptive or risky.” CE’s recent report, Technology Trends 2011/2012, details technology adoption rates and investment rates and correlates the two. The findings, while…
by Bill Blausey, SVP and CIO of Eaton Corp. In Part II of this two part series, Eaton’s SVP and CIO Bill Blausey reviews eight technologies, services, and department-level changes you can employ today to green your IT department. 1. Implementing virtualization Though many organizations use virtualization primarily to simplify hardware management, enhance business continuity…
7. Outsourcing Cloud computing or collocation data center providers offer a new way to help reduce your carbon footprint. These types of facilities are typically well underway to becoming some of the most efficient spaces in the industry, as they have stiff competition that forces them to continually reduce operating costs. If your current data…