Increased corporate spending for compliance and corporate governance is having a significant impact on IT budgets, according to Gartner, Inc. According to preliminary results from Gartner's 2005 Financial Compliance Management Survey, IT financial compliance management spending will increase to between 10 percent and 15 percent of IT budgets in 2006, up from less than 5 percent in 2004. "Sustainable compliance, that is, a level of effort that is sufficient but not excessive, will only be achieved by consolidating compliance efforts through a programmatic rather than project oriented approach," said Tom Eid, research vice president for Gartner.
See full Article.
Posts
