Defining the Business Value of IT
A thorough examination of the literature shows that these complex models can be reduced to two key concepts: 1) Enterprise IT Architecture, and 2) Technology Lifecycle Cost Management.
IT spending is driven by the enterprise architecture as part of pre-defined business strategies and initiatives. This, coupled with the employment of a risk-adjusted lifecycle cost management methodology to optimize IT costs, provides the desired framework for defining the business value of IT.
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