November 20, 2007 - IT executives around the world are seeking to do a better job of aligning IT investments with business goals, but only about half believe they are doing so, according to a survey sponsored by CA, Inc.
The survey polled 300 CIOs and other top IT executives at companies with more than $250 million in annual revenue. It revealed that 74 percent of respondents believe that better prioritization of IT spending based on business needs to be a critical IT management goal.
Respondents said that the primary drivers for alignment were a desire to avoid spending that yields a low return on investment and the need to ensure fulfillment of business-side demand.
Half of the respondents worldwide indicate their companies are effective in enabling IT to set priorities based on business goals. Respondents in the UK, Germany, Australia and Japan are significantly more likely than those in the U.S. to rate their organizations as successful in this area.
An executive summary of the survey results is available at http://ca.com/files/WhitePapers/ca_cio2cio_v2exec_summary.pdf.
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