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IT Focus Shifting Toward Data Management

January 25, 2012

Finding Focus - #14by Angela Guess

A new article suggests that IT departments are shifting their focus more and more toward data management: “It has always been part of the IT department’s remit to maintain the quality, availability and utility of data. But as the responsibility for procuring applications is devolved to business units and users achieve greater autonomy over their devices, managing data is arguably becoming IT’s primary role. This was reflected in a recent report by research firm the Corporate Executive Board. The research found that in 2012 CIOs intend to spend 39% of their IT budget on information management (up from 36% last year) compared with 32% on business process automation. Until 2011, automation had always trumped information in budgetary allocation, the firm reported.”

It continues, “Similarly, analyst company Ovum predicted that information management (including business intelligence and analytics) will be the fastest-growing segment of the global software industry over the next four years, with a compound annual growth rate of 10%. ‘The volume of information within enterprises continues to grow at an astonishing rate, and investment is needed to both manage this information and turn it into actionable intelligence,’ said Ovum analyst Tim Jennings. Another clue came in the form of Hewlett-Packard’s surprise $10.3 billion acquisition of UK information management provider Autonomy.”

Read more here.

Creative Commons License photo credit: Artondra Hall

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