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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 612 |
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Companies may be aware of these discrepancies but feel that they are prepared technologically to take advantage of an opportunity that may arise in the future. Thus companies continue to invest in newly available, often untested technology. These IT projects have a very high failure rate, run over budget and over time...
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The companies that are not falling in the technology trap are using a simple strategy. It is to cut down on the waste and, given the fast pace of technological advance, delay IT investment. Furthermore it is necessary to align the IT investment with the companies' business strategy to provide real competitive advantage...
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