What determines IT spending Priorities?
Just as difficult to read on the ground as at an altitude of
10363m, This article proved I have very little upstanding of economics, but
what did get out of it in my mind proved
logical and nothing to ground breaking,
The article breaks down a survey of 1495 business leaders on
where they are looking to spend their IT dollars on the different functions of
their business.
Not surprisingly for me most businesses expected
administration (people) to be the biggest IT expense. The article broke down
the data more with small business more like to rank security as a low expense
and big business a high, as small business think they are not susceptible to
hacking and would prefer to spend on R&D.
One trend I found interesting was that in general business
small and large were not prioritizing spending in general on security, because
of the poor economic climate at the time of writing, I assume to save money and
run bearing the risk. I look at this two ways take the risk and come out on top
maybe or continue with high security and protect what is of value to your
business until the tough times are over but I guess it depends on business type
which path you would take.
In conclusion a tricky read with what I think was not really
astounding info, you could work out where spending might be by looking at the
business and think logically. This may be the IT department brain in me think
not the management brain though.
Just over Australia
now, 7 hours to go, Who’s doing the R&D for Singapore air in flight
entertainment? the plane on this map is
far from scale, business opportunity or a business spending elsewhere in tough
economic times.
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