Last week, an article titled, "Big Spenders Reveal they know little about the value of IT Assets," appeared in the Financial Times (1 October 2007). The article reported on research conducted by MicroFocus, UK provider of enterprise application management systems. The essence of the findings (covering 250 firms, half in the US and half in Europe):
Most CIOs (and half of CFOs) do not quantify the impact of IT investments on the company