There’s a disconnect between IT priorities and spending — one that could jeopardize your organization’s long-term prospects.
Digital transformation and innovation remain top priorities for CIOs, with the 2020 IT Trends Study from the Society for Information Management (SIM) finding digital transformation and innovation ranked No. 4 and No. 9 respectively among the most important IT management issues.
Yet the same study found that keep-the-lights functions gets the biggest chuck of the typical IT budget, coming in at close to 40 percent of IT spending for both 2019 and 2020. IT-related R&D was seventh on the list.
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(Insider Story)
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Source: News