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 »
Information Technology Budgets: Which Industry Spends the Most?
The 2008 "State of the CIO" study shows that financial services companies spend big on IT as a percentage of revenue, and have the lowest IT staffer-to-user ratio. Who has the highest ratio? Non-profits.
November 02, 2007 — CIO —
At 10.5 percent, banks and financial services companies, by far, spend the biggest chunk of revenue on technology, but the government and education sectors also spend significantly. The question is, which industry is most efficient?
Judging by one measure—the number of users supported by each IT staffer—education rules, with 48.3. Schools and colleges have all those iPod-wearing, wireless network-demanding students running around. Wholesale and retail IT pros are a close second on that scale, with 47.5—supporting, as they do, lots of full- and part-time store clerks and salespeople.
But are IT staff in education and retail that much more efficient, or just overworked? What are your thoughts? Comment below or e-mail me at knash@cio.com.
Spending on IT, By Industry
The 2008 State of the CIO asked IT leaders about their budgets, and how many users they have per IT employee.
| Industry | IT Budget as a Percent of Revenue | Users per IT Staffer |
|---|---|---|
| Financial Services | 10.5 | 15.7 |
| Government | 7.8 | 37.8 |
| Education/nonprofit | 6.2 | 48.3 |
| Health Care | 5.0 | 25.4 |
| Wholesale and Retail | 3.9 | 47.5 |
| Manufacturing | 3.4 | 40.9 |
| Overall Sample | 6.7 | 35.1 |
SOURCE: 2008 "State of the CIO" survey of 558 heads of IT. NOTE: Survey respondents in financial services, government, health care and wholesale/retail industries said they expect to be hiring IT staff in the next 12 months.
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