A survey of 195 CIOs and IT managers by Parthenon-EY’s technology practice of Ernst & Young, one of the four business units of the former Ernst & Young, found that software-as-a-service will not only continue to grow, but will command a larger share of the IT budget.
CIOs and IT managers who recognize the role it has to play, and who can work with business units when they select a SaaS provider, will be better positioned for the future, according to Barak Ravid, managing director and co-head of technology, Parthenon-EY of Ernst & Young. But half of survey respondents regretted the rise of SaaS among business units and wished the funds devoted to it could be brought back into the IT budget. Don't forget to read the full InformationWeek story.
(Cover image: Andrey Prokhorov/iStockphoto)Charles Babcock is an editor-at-large for InformationWeek and author of Management Strategies for the Cloud Revolution, a McGraw-Hill book. He is the former editor-in-chief of Digital News, former software editor of Computerworld and former technology editor of Interactive ... View Full Bio