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April 2010 Volume 1

CIO technology spending focused on reducing risk, boosting efficiency

The Wall Street crowd might be ready to spend again, buoyed by bailouts and record bonuses, but CIOs don't seem inclined to go on any technology spending sprees in 2010, our annual IT Priorities Survey of senior IT executives and managers shows. With two-thirds of the 171 respondents facing flat or declining IT budgets this year, CIOs and senior IT managers remain focused on technologies and projects that mitigate risk, boost efficiency and reduce IT costs. For example: Compliance is the top management initiative for 2010, cited by 33% of respondents, followed by business process automation (29%) and data retention and lifecycle management (26%). Disaster recovery/business continuity is the most likely infrastructure project to get the go-ahead this year for 53% of our respondents, followed by server virtualization (43%) and Windows server 2008 (26%). The widespread migration to the cloud we've been reading so much about? That isn't happening for CIOs in 2010, with only 12% of respondents likely to implement an internal cloud ...

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