IT directors under pressure to buck economic trends

Boardrooms will put pressure on IT managers for up to 18 months as they attempt to squeeze more business value from IT, according to the latest research...

Boardrooms will put pressure on IT managers for up to 18 months as they attempt to squeeze more business value from IT, according to the latest research from IT manager forum CIO Connect.

At the same time businesses, faced with the currenteconomic uncertainty, are demanding that IT managers achieve more with less, the survey of IT managers shows.

Nick Kirkland, CEO at CIO Connect, said the economic downturn is casting a cloud over the forecasts of IT managers for the 18 months ahead.

"In these circumstances, it is certainly important for IT departments to be driving value from their existing applications infrastructure, but the pressure of tougher economic times can also provide the perfect environment for IT departments to create imaginative and innovative solutions to assist their businesses to gain a competitive edge," he said.

Demands from company exexutives for better value and lower costs have the biggest impact on the role and structure of the IT department until the end of 2009, according to 80% and 71% of IT managers respectively.

Almost 60% expect budgets to shrink and more than half of these expect cuts of between 5% and 10%. But the majority of those that expect budgets to rise below 5%.

Most IT managers believe board directors view IT as a useful business function, but only 20% think it is seen as a strategic contributor to the business.

The CIO Connect Team conference on will be held next week from 1 July.




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