Recent reports have focussed on the possibility of increased spending or changing trends in the issues facing IT departments.
Brooke Galloway, research director at research firm International Data Corp Australia, said that managing costs and new hardware and software, as well as deriving business value from IT have ranked as the top challenges facing Australian CIOs in 2003.
"I think the IT department is under a lot of pressure to reduce their costs and deliver more with limited resources," Galloway said. "This includes closer scrutiny of IT investments and the value that those investments are going to deliver to the business."
The findings are based on a survey, Forecast for Management, with 350 Australian CIOs from organizations, ranging from small- and medium-sized enterprises to larger corporations, and government bodies.
Security, for the first time, has also made it into the top 10 challenges list, she added.