Who controls IT? The CFO

By Channel Insider Staff  |  Print this article Print

IT solution providers know who holds the spending power when it comes to IT. The CFO.

Is IT management at the top of the corporate ladder losing its luster? Not completely, but was it ever really there?

Call it business alignment or bottom-line buffering, a good lot of CIOs do not have the direct ears of CEOs. A chunk of technology leaders in enterprise companies report to CFOs (42 percent), according to a joint study on organizational hierarchy from IT research analyst firm Gartner and Financial Executives Research Foundation (FERF). More than one-third (33 percent) of CIOs report to the CEO, in this study.