Trend of Investment in Information Technology

Md. Abdullah Al Mamoon, PMP

Information Technology (IT) has been globally accepted as one of the key drivers in coping up with the rapid changing marketplace. Even living a life in this century has become almost impossible without the inevitable intervention of technology in our day-to-day affairs. In fact, fusion of IT has been imperceptibly got embedded into our entire value system. In the corporate world, technology hype is now ascending towards the pinnacle faster than ever before particularly in the developing countries where acceleration of IT investment got momentum in the early 90s. In most of the developed countries where IT investment got its induction in the late 70s are already at the peak of maturity curve. Irrespective of geographical boundaries, expected ‘Return on Investment (ROI)’ from IT has been paradoxical due to the reasons, which indeed are controllable but often are overlooked or neglected by the organizations and thereby turning the blessing of IT into burden.