Special Report – Show Me the Money

Today’s technology is nothing short of amazing. As a CIO or other top level IT professional, this presents an interesting dilemma. On the one hand, you see so many technological opportunities for your organization, from new ways to communicate with customers to new revenue streams, that the possibilities for business growth seem endless. On the…

IT Spending Still in Recession: Report

The economy may be improving but there is still a dark cloud over IT spending, according to the annual IT Spending and Staffing Benchmarks study by Computer Economics released Wednesday. The research firm frames the IT spending outlook for this year as in a recession based on its coverage of the field since 1990. Computer…

Worldwide Spend for IT Security Continues to Increase

According to the 7th annual Global State of Information Security Survey 2010, released today, six out of ten respondents (63%) expect security spending to either increase or stay the same in spite of the worst economic downturn in decades―or perhaps because of it. The study, the largest of its kind, is conducted by PricewaterhouseCoopers (PwC)…

Next-Gen Tools Help IT Run Like a Business

Next-generation asset management (NGAM) was conceived around the idea that enterprise IT is becoming more and more of a business as business services and IT services become more closely intertwined. At its core, the NGAM vision is a simple one: IT services are “products” and so all capex and opex assets associated with IT are…

Five More Ways to Cut Costs Without Cutting Services

Last month I wrote about five ways your organization could cut costs without cutting services. While that article offered advice on embracing data center automation, exploring open-source software and eliminating duplicate software, there were several other ideas that didn’t fit into that story. Here, then, are five more ways to cut costs without cutting services:…

IT Spending to Decline Further than Expected

Worldwide IT spending is on pace to total $3.2 trillion in 2009, a 6% decline from 2008 spending of $3.4 trillion, according to Gartner. Continued weak IT spending because of the economic situation combined with the effect of exchange rate movements has resulted in Gartner lowering its 2009 forecast from its 1Q09 projection. In March,…

IT Budgets Flat or Falling for Remainder of 2009

To reduce the effect of outliers on the middle, Computer Economics (CE) uses the median when reporting its findings. What this means for CIOs reading their latest research is a little less than half of those surveyed (45%) were actually able to increase their operational spending this year, while 17% of CIOs had to get…

5 Ways to Cut Costs Without Cutting Services

When an IT manager gets the order to “do more with less,” a shiver runs down the spine. IT managers know that this usually translates into doing less with less and finding ways to hide that fact. Compounding the problem is IT has been in cost-cutting, efficiency-boosting mode for several years now. Haven’t we squeezed…

Most IT Budgets Decreased or Remained Flat in Q1

While many CIOs survived last year with only reduced increases to their budgets, this brought about budget cuts as companies continue to find ways to weather the recession. In the first quarter of 2009, CIOs experienced significant IT budget revisions as executives gained a greater understanding and solidified plans for addressing the global financial crisis,…

Legacy, SaaS, Packaged Software Vie for the Corporate Buck

Even thought most companies are warming up to the idea of Cloud computing and it’s close cousin, software as a service, it will be some time before these competing technologies push aside in-house, packaged software for mission critical computing. This is because modernizing key legacy applications is the top software initiative for businesses this year,…