Feeds

UK companies floundering with no IT strategy

Survey says firms working to 'loose informal plans'

Security for virtualized datacentres

Nearly a third of medium-sized companies in the UK have no IT strategy and a further third work to an "informal loose plan".

That's according to a survey released Tuesday by market research firm Dynamic Markets, which was commissioned by IT service management firm Partners in IT.

The survey, entitled IT Service Management - Is It Worth the Money?, also revealed that only 18 per cent of respondents had a formal IT plan and only 16 per cent planned their IT investments on a three-to-five year timeline.

Fifty-five per cent of business managers in the companies surveyed believe that their IT set-up isn't providing good value for money. With no tangible IT strategy in place, 85 per cent of these organisations are not always buying best-in-class technology and in 65 per cent of cases, the various IT systems (accounts, marketing, sales, etc.) are operating independently of each other.

"For companies of this size, it is critical to be able to retain control of their IT spending and investment," said Paul Cash, managing director of Partners in IT.

Cash blames a lack of IT strategies for the fact that 68 per cent of respondents are finding their IT costs unpredictable and 33 per cent believing that their IT infrastructure costs are too much to maintain.

"In order for IT to truly deliver value to the bottom line of the business, it's imperative for the organisation to get a handle on the technology in which it has invested - both in terms of maintenance and management - and develop a concrete IT strategy to bring the company's technology more in-line with the growth of the business now and long-term," he concluded.

Copyright © 2007, ENN

Choosing a cloud hosting partner with confidence

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.