Interesting report by Gartner! Read it online at Gartner.com. “By 2012, Companies with the Top 25 Percent Earnings Growth Will Have an Entrepreneurial CIO Egham, UK, January 11, 2010 — The impact of an entrepreneurial CIO is greatest when the need for productivity leverage is greatest, as in the current economic environment, according to Gartner, Inc....

The analyst company forecasts that IT spending for this year will hit $3.2 trillion, down from $3.4 trillion in 2008. Gartner sees a slowdown in spending on all sectors of technology, with no recovery until global financial markets stabilize. Richard Gordon, research vice president, and head of global forecasting at Gartner said: “IT organisations worldwide are...

When downturns hit, there is a certain inevitability to their impact on IT. Declining profits will place tremendous pressure on IT budgets in most sectors and regions. CIOs will be called on to rationalize projects, downsize organizations, renegotiate contracts, and seek out other cost-reduction opportunities. Much has changed, however, since the last big downturn,...