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Category: CIO (page 2 of 2)

Society of Information Management: Two-thirds of U.S. tech firms send jobs offshore

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U.S. IT companies send their jobs offshore and not going to cut IT budgets.

SIM’s (Society of Information Management) survey shows that offshoring has become so engrained in IT processes that 65% of businesses do it for some aspect of their business. SIM has published it’s annual survey of IT budgets and technology trends last week.

Based on data collected from CIOs and senior IT leaders at 275 companies, survey found that nearly a quarter of the companies using offshore services did so to run existing systems applications. And another 20% said they used offshore services to manage their infrastructure.

Society of Information Management (SIM)

The other good news for offshore IT service providers is that companies aren’t cutting IT budgets. Last year, 65% of the firms responding to this survey said their budgets would be equal or greater to the previous year. That increased to 83% this year, and 85% of the respondents said next year’s budgets would be equal or better than their current budgets.

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Facts about CIOs’ understanding of the applications portfolio

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IT leaders might struggle to take advantage of the latest applications to drive efficiency and competitiveness because CIOs are failing to understand what is in their applications portfolio and how much they are costing.

Following Karl Flinders post originally appeared as “Six shocking facts about CIOs’ understanding of the applications portfolio“. We’ve found this “shocking findings” are really interesting and useful for CIOs and IT directors and Executives. So please find the Fujitsu’s research:

computerweekly.com logo

“The lack of understanding of how much an application portfolio is costing means that companies have no way of telling how much is being wasted. How many companies can afford to be running applications that are not delivering maximum value? Any hopes of applications becoming a strategic enabler for the business certainly seem a long way off for the majority of companies”

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