Thursday, 16 February 2012

What’s the most important sector in IT?

Statistics have revealed that Data Management has eclipsed other applications to become the primary role in IT.

A report by Corporate Executive Board found that in 2012, CIOs plan to spend 39% of their budget on information and data management (up by 8% from last year), compared to 32% on business process automation.

According to the report, up until 2011, Business Automation had taken the lead in budget allocation.

With a similar point of view, analyst company Ovum has predicted that information management will be the fastest growing sector of the global IT industry over the next 4 years. It predicts an annual growth of 10% for this sector.

“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.