Two questions of particular interst to us involved the role of IT in addressing new regulatory requirements, and the broader issue of IT as a perceived source of strategic differentiation. We found CFOs bearish on one, bullish on the other. They were also split on the issue of new and/or closer ties between finance and IT.
| Will the demands of Sarbanes-Oxley and/or other regulatory requirements affect your IT budget? | | No, compliance does not hinge on IT |  | 40% |
| | IT can play a part, but existing systems can be easily adapted |  | 23% |
| | Yes, we'll spend more on IT |  | 20% |
| | Not sure |  | 13% |
| | Current economic conditions rule out an IT solution |  | 4% |
|
| | Going forward, will IT be a source of competitive advantage for your company? | | Yes |  | 61% |
| | No, but it never was |  | 23% |
| | Not sure |  | 10% |
| | No, current economic conditions limit what we can do |  | 5% |
| | No, our IT priorities have changed, probably for good |  | 4% |
|
| | In the past year, has your relationship with your CIO changed in any way? | | No substantive change in our relationship |  | 48% |
| | We work more closely together |  | 35% |
| | Yes, now the CIO reports to me |  | 8% |
| | Yes, now the CIO reports to another C-level executive |  | 6% |
| | We work less closely together |  | 3% |
|
|
Reader Comments» Post a comment