Despite broad support for IT which is deeply integrated into most every company activity, senior business leaders are still questioning if they are getting enough value from their IT investments. For most companies, more than 70 per cent of IT costs are fixed costs, and when you take into account the prior year ‘carry over’ spending, and depreciation, a very small percentage of IT spending may be creating real value for the company (and that is assuming those initiatives are successful). CIOs find themselves needing to walk a tightrope between functional necessity and business relevancy. Nowhere else is this balancing act brought to life than in the boardroom.

See event:  From the Boardroom to the Cloud – Are Business and IT Organized for the Future? (18 May 2009)