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Value Judgment

In the last economic downturn, cost cutting was rampant. Today, although companies are holding fast to their purse strings, business is showing more of a focus on value. Several reasons may account fo

By Staff Writer | Updated on September 30, 2008

Value Judgment

In the last economic downturn, cost cutting was rampant. Today, although companies are holding fast to their purse strings, business is showing more of a focus on value. Several reasons may account for this, including: alignment of business and IT legitimizes the costs; real needs don’t disappear in tougher times; attitudes about IT as a business enabler have strengthened; spending deemed strategic is permissible, if not encouraged; or (hopefully not) the worst hasn’t hit us yet.

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