Despite all the journals, reports and seminars which have been produced on the subject, it remains extremely difficult for companies to justify their sometimes vast IT budgets. It's not exactly a quantitative science.
If we consider for a moment the modus operandi of a kidnapper, it is one of extracting the maximum ransom from the victim's next of kin, based on the perceived worth of the victim's family. A corporate ransom would be based not on the complexity of...
If you have been tracking the size of your IT budget for the last decade, you will have seen it increase year after year. First, the data warehouse boom, followed by client/server, then Y2K and finally the race to the Internet.
Ebusiness exposes small, local suppliers to a global auction which inevitably will place them at a severe disadvantage to Third World unregulated manufacturers. In the UK, we can see the global market at work, losing thousands of jobs in our home...
Information is driving the economy of the western world, but we have no reliable method to measure its value. Established accounting methods completely fail to value and manage volatile resources, principally because banks are only interested in...
Step one is to learn to manage our IT budgets more effectively and to ensure our investments in new systems are measured against tangible returns to the business. Should you take last year's budget and add 10 per cent?