Uncovering Hidden Financial Assets in Your IT Organization
Part 1 of 3: Current Trends in the Valuation of IT
CIO Handbook #24
A Code Exchange White Paper by Peter J. Wokwicz
www.codeexchangeinc.com
Abstract
Do you want to surprise your CFO with positive information for once?
Do you want to increase your IT budget next quarter without any needed approval?
Do you want to improve your company’s balance sheet by quarter end?
Do you want your IT group to add significantly to the financial value of your organization?
Many CIO’s are sitting on a vast pool of unrecognized financial assets. In this article we address the current trends affecting the valuation of IT.
The IT organization is under a new form of review that has been gaining a focus in more recent years. IT departments and organizations are now being evaluated separately and can significantly add to or decrease the financial value of the overall company. Along with these trends, comes the new ability of the IT organization to generate its own revenue sources and assets for the company. Below are the recent financial and technical marketplace trends adding to this growing inspection of the IT organization and the potential of IT to create its own revenue streams and asset value.
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