By Francis Moran
The announcement this morning that global computer services company IBM has struck a deal to acquire Ottawa’s Cognos will end months of speculation over who would eventually claim the largest remaining independent business intelligence software company. However, the disappearance from the public markets of Ottawa’s second-largest (after Nortel) publicly traded company is sure to reignite the hand-wringing over why this town can’t seem to create and sustain many large public companies. Bridgewater Systems’ announcement earlier this month that it was planning an initial public offering will do little to assuage the angst.
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By inmedia
Today’s CIO Insider newsletter points to a recent report by Forrester Research that analyzes the current state of IT and improvements that can be made. According to the article, “unnecessary IT complexity adds costs, reduces effectiveness and stalls innovation… the answer lies in strategic and ongoing consolidation.” But won’t this suggested consolidation cost a considerable amount? Yes indeed, between 10 and 25 percent of the IT budget or more in some cases. IT managers and CIOs can mitigate this expenditure by planning “consolidation as a strategic initiative; use functions that can be resourced, monitored, measured and charged for as a framework to guide consolidation; and manage consolidation as an IT transformation program.” For more tips on maximizing IT potential, read the full article.
