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IT investment: new approaches
 
Making IT investment pay
In spite of (or because of!) vast amounts of money being spent on corporate and organisational IT investments, a large number of these IT projects fail. For example, of the top 500 US companies by revenue in 2000 72% of IT projects “failed” in that: 49% were completed late, over budget or below specifications 23% were cancelled before completion or never implemented. This grim reality combined with corporate belt-tightening has resulted in new thinking and approaches to investment in IT development such as focusing on business results rather than technology, increased integration of IT strategy with overall business strategy and managing IT people more effectively. Here is some current thinking on how to increase the chances of reaping more from IT ...
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