CIOs are losing control of IT

 In Australia, NewZealand

Gartner survey shows that IT investment decisions are shifting to the CFO, whose priorities are about improving business processes, efficiency.


In an increasing number of organizations, the CIO is not the person who decides what IT projects should get investment. That job now belongs to the CFO.


A recent survey by Gartner and two financial management organizations found that CFOs have "authorized" 26 percent of IT investments, an increase of as much as 15 percent from the prior year. InfoWorld – Read more…
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