Bugnitz, Tom; Benson, Bob
January 2005
Bank Technology News;Jan2005, Vol. 18 Issue 1, p21
Trade Publication
The article focuses on assessment of business value of existing technology and new investments. value is based solely on its direct contribution to profitability and shareholder value, accomplished by supporting a company's strategies and improving its operations. The difficulty lies in measuring and predicting information technology's (IT) impact on strategies and operations and in connecting IT activities to the profit drivers that management measures. The management team can control IT costs while improving IT's bottomline impact. By consistently selecting the best IT investments, firms can eliminate underperforming IT activities.


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