Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »October 09, 2007 — Network World —
Worldwide IT spending will surpass US$3 trillion in 2007, an 8 percent jump over last year, as rapid growth in developing countries is spreading IT investments more widely around the globe, Gartner reported on Monday.
A full one-third of IT spending now occurs outside of North America, Western Europe and Japan, the analyst firm said at the Gartner Symposium/ITxpo in Orlando, Fla. Overall, IT spending is projected to reach $3.1 trillion this year and $3.3 trillion in 2008.
New IT spending outside the world's traditional technology centers is creating new innovation, competitors, use patterns and improved cost-benefits for users, said Peter Sondergaard, senior vice president and global head of research at Gartner.
Sondergaard also delivered some bad news: A possible recession next year could take a toll on IT budgets. He recommended creating two IT budgets for 2008.
"The first should reflect the same kind of marginal growth prepared during the past six years," Gartner said in a press release. "The second budget should assume the need to cut costs in response to the arrival of a possible recession."
IT leaders must respond to change faster than ever before with programs and technology that stress flexibility and agility, according to Gartner. Sondergaard challenged IT executives to deliver new efficiencies, innovations and ideas to sustain profitability and growth.
"Simply delivering internally focused savings isn't going to be enough," Sondergaard said. "You need to step up to the challenge of delivering new solutions to those critical business imperatives."
The expansion of IT spending in developing countries will primarily affect growing areas of the industry, Gartner said.
"End-user spending will globally move toward software, services, and all aspects of mobility," Gartner states. "These categories made up 57 percent of spending in 2006, will become 60 percent in 2008, and are forecast to have grown to 63 percent in 2011."