Why the New Normal Could Kill IT

Some CIOs have already responded: Capgemini's 2009 Global CIO Study found that 55 percent of the 490 respondents say they are giving priority to projects that contribute more to the business, and 34 percent are prioritizing projects that take advantage of new market conditions.

When asked whether IT today was too big to fail, Chui takes a slightly different tack: "I would say it's too important to fail."

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