IT Priorities in Aus and NZ, 2009

IT Priorities in Aus and NZ, 2009

Summary: The results of the latest IT Insights & Priorities Research Report from the end of last year show that Australian and New Zealand IT decision makers have a clear focus on cutting costs and increasing productivity.

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Compliance and risk

It's perhaps not surprising during a time of economic uncertainty that the focus in the finance industry has been on ensuring compliance and reducing risk. Twenty-six per cent of companies surveyed in the finance, banking and insurance industries said compliance was a top priority, nearly twice the level across all industry sectors.

Managing risk was also important to these businesses, with 27 per cent giving it as a top priority and a further 53 per cent identifying it as a high priority.

Ensuring compliance was also important to government respondents with 23 per cent treating it as a top priority. Risk, while rating highly, was slightly less important for this sector. Seventeen per cent gave it as the top priority, close to the average for all respondents, with a further 53 per cent giving it as a high priority.

The construction, mining and utilities industries saw risk as an important issue, with 24 per cent treating it as a top priority, second place behind the finance sector, and a further 47 per cent seeing it as a high priority. The sector also had a higher-than-average focus on ensuring compliance — 20 per cent said this was top priority and a further 40 per cent saw it as a high priority.

Interestingly, compliance was low in the media, telecommunications and entertainment sector, with 44 per cent of respondents saying it was low priority or not on the agenda and only 10 per cent identifying it as a top agenda item.

Retail, wholesale and logistics were the least concerned with managing risk, with 37 per cent saying it was low priority or off the agenda.

Topics: IT Priorities, Emerging Tech

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  • So, call me crazy, but I've got to say that this is a little scary. IT in itself is a huge industry with so many wasted recycling materials. If IT can't lead the way on recycling and promote positive handling on E-waste, rather than just sitting back and letting the big corporations, then what's really the point? There are some great arguments for this on www.ewaste.co that back me up on this.
    pinpal101