The expectations for innovation are a constant challenge and opportunity for today’s CIO. But according to Forrester Research, the average business spends 72 percent of its IT spending on the care and feeding of existing technology systems. Nearly three quarters of the average IT budget is dedicated to merely keeping the lights on! Don’t believe it?
We are seeing a trend in the region of mid-market companies losing their competitive advantage due to outdated or lackluster business technology. We see a number of causes, but most commonly we are finding companies holding onto a “keep the lights on” strategy as they did during the downturn in the economy or IT not