The Report 'Nordic IT Investments 2008' is Designed to Provide Information on Nordic...
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The Report 'Nordic IT Investments 2008' is Designed to Provide Information on Nordic Companies' Investment Priorities in 2008 DUBLIN, Ireland--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c92367) has announced the addition of Nordic IT Investments 2008 to their offering. Nordic companies are increasingly shifting the focus of their information technology investments from helping to reduce company costs to supporting increased revenue generation. While the benefits of investments aimed at reducing IT and business operations costs are often tangible and fairly easy to calculate it is much more difficult to measure the often intangible values of IT investments aimed at increasing company revenue. At the same time top managers are becoming less and less willing to approve investments where the returns are not quantified or reasonably predictable. Key Questions: - Which are the investment priorities in 2008? - How satisfied are Nordic companies with return on IT investments? - How are Nordic companies' IT investments allocated to different functions and objectives? - What are required and actual payback times for IT investments? - To what extent are Nordic companies aware of the effect of their IT investments on key performance factors? Valuing investment benefits One of the main purposes of this report is to map out Nordic companies' valuing of benefits derived from IT investments. This entails looking at such areas as how intangible benefits are measured and what the satisfaction is with the investment returns. Another important objective of the report is to look at Nordic companies investment focus. The report Nordic IT Investments 2008 is designed to: - Provide information on the distribution of IT investments on IT functions, such as infrastructure and ERP systems, in Nordic companies. - Report on the size of IT investments in relation to total IT spending. - Provide information on Nordic companies' investment priorities in 2008. - Show the use of formal processes to measure the success of IT investments in general and intangible returns in specific. - Report on the average required and actual payback times for infrastructure and non-infrastructure IT systems. - Provide information on the satisfaction with the returns on IT investments. - Show how IT investments are allocated on cost reducing objectives and support for revenue generation. - Report on the awareness of the effects of IT investments on key performance factors of the company such as increased customer satisfaction and better product/service quality. - Provide information on the average estimated size of intangible returns on IT investments. Method The report is based on data collected from a telephone survey of 100 large (500 or more employees) Nordic companies. The respondents are all leading decision makers with profound knowledge of their respective companies' IT investments. The results from the survey are presented and analysed broken down by industry: Trade, Services and Manufacturing. Target Group The report is written based on mainly the needs and requirements of the IT management of large Nordic companies. The target group of the report is primarily: CIO/IT managers, CFOs, Controllers, IT strategists, Consultants and CEOs. The report will however also be interesting for vendors of IT products and services in order to better understand their customers. Content Outline: Executive summary Methods for evaluating IT investments - Methods for evaluating IT investments - Valuing intangible benefits - Investment focus - IT development costs - Allocation of development costs - Development spending - IT priorities in 2008 Success in reaching IT objectives Measuring success of IT investments - Measuring IT investment success - Measuring intangible returns - Intangible share of return - Effect of measuring investment success Investment pay-back time - Infrastructure investments - Non-infrastructure investments Satisfaction with return on IT investments - Share of companies with positive return on IT investments - Break-up of return on IT investments IT investment objectives Awareness of effects of IT investments Conclusions For more information visit http://www.researchandmarkets.com/reports/c92367 Research and Markets Laura Wood, Senior Manager Fax: +353 1 4100 980 press@researchandmarkets.com Copyright Business Wire 2008
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