The IT budgets of Indian companies in 2007 is expected to increase by 16.2 per cent whereas the IT spends of global companies will average just about 3.2 per cent, states the Gartner EXP CIO survey 2007.
The report notes that business priorities for Indian chief information officers include entering new markets, need for revenue growth and improving enterprise competitiveness.
Peter Sondergaard, Senior VP Gartner Research, said: "The business growth in India is increasing much more faster than the global business. Rather India is growing on par with China."
He went on to say that with this growth, CIOs should learn to adopt to the business needs of the organisation and align IT to increase efficiency. He went on to say there is a need for innovation and it will happen in four areas -- mindset, infrastructure, organisational structure and business processes.
Sondergaard also stressed the need among the organisations to adopt green (eco-friendly) IT. For Indian CIOs, enterprise application, Business Intelligence applications and security technologies are top three priorities whereas, BI, ERP and legacy application modernisation are the concerns of global CIOs.
It says that among the top 10 CIO strategies, delivering projects that enable business growth, demonstrating business value of information technology and improving IT governance will be important for Indian CIOs.
Andrew Rowsell-Jones, VP and research director, executive programmes worldwide, Gartner said, "Some of the recommendations that we can suggest CIOs are to understand executive expectations and incorporate them in business strategy, concentrate on skills and quality of IS personnel, focus of IS processes to raise performance and resources and deliver technical excellence."
The report notes that servers and storage technologies constitute five per cent of the total IT spent of the Indian CIOs, followed by enterprise applications (4.4 per cent), technical infrastructure management and development (3.6 per cent) and networking, voice and data communications (3.5 per cent).
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