Technology Investments Yield Higher Profits, Study SaysBy Carolyn April | Print
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MIT Sloan study shows smart IT investments translate into strategic business assets that increase margins, drive revenue growth and boost efficiencies.MIT Sloan School of Management researchers on Friday released an IT management book based on a global study of 1,800 organizations that demonstrates what many solution providers and integrators have known for years: Smart IT investments equal strategic business assets to a company and increase margins, drive revenue growth and increase efficiencies. The business case for continued spending on IT infrastructure can't be overstated. Peter Weill and Jeanne W. Ross, the authors of "IT Savvy: What Top Executives Must Know to Go from Pain to Gain," argue that best practices by IT and non-IT managers -- including how they apply technology and address past mistakes in implementations, streamline processes and make them repeatable, and continue investing in IT - have proven to propel a business' core objectives forward.