Why Business Wants More Power Over IT Purchases

By Dennis McCafferty
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    Why Business Wants More Power Over IT Purchases

    Why Business Wants More Power Over IT Purchases

    Companies are taking a collaborative approach to IT acquisitions, empowering line-of-business departments to make decisions about the purchase of tech solutions.

As organizations increasingly expect technology to deliver better bottom-line results, they are empowering more line-of-business departments to make major decisions about the acquisition of tech solutions, according to a recent survey from CompTIA. The resulting report, "Considering the New IT Buyer," indicates that ideas about technology are coming from multiple areas of companies, and more executives are getting involved. A significant number, in fact, indicate that "final calls" on technology purchases are now made by groups outside the IT organization. Meanwhile, the majority of enterprises are using business unit budget funding to pay for tech tools, and many expect this trend to grow during the next 12 months. "CIOs and IT teams remain involved in the process, as their expertise and experience are valued," said Carolyn April, senior director of industry analysis for CompTIA. "But business lines are clearly flexing their muscles. It's another strong signal that technology has shifted from a supporting function for business to a strategic asset." Representatives of 675 businesses took part in the research.

This article was originally published on 2017-06-12
Dennis McCafferty is a freelance writer for Baseline Magazine.
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