IT strategies are a long-term priority, says Gartner
03/11/2009 17:28:25
IT departments at banks and financial services firms should not neglect their long-term survival strategies should the economic climate begin to improve, Gartner suggests.
The organisation reveals a number of "business killers" which IT professionals need to be aware of and one is focusing too much on short-term thinking at the expense of a wider, long-term strategy.
Many organisations in the financial services sector do not have a "coherent IT strategy" because they believe that a lack of predictability means that there is no point in planning and implementing strategies.
"IT strategies and projects need to be risk-aware but they also need to be innovative and bold," states Peter Redshaw, research vice-president at Gartner, adding that computing departments need to support a new operating model which takes into account high volatility.
Gartner recently predicted that expenditure within the IT industry on a global scale will grow next year, although it warned that delaying spending money on new equipment and server upgrades could negatively impact on the efficiency of IT.
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