As IT budgets continue to face pressure in 2012, enterprises will focus more on leveraging externalserviceproviders and cloud computing to save capital expenditure.
Finally, investing in hedge funds can pose operational risk: risk of investment loss from inadequate or failed internal processes, people and systems, or problems with externalserviceproviders rather than an unsuccessful investment strategy.
More than 50% of companies can do all of the SOx work internally, but the largest companies sometimes use up to two outside serviceproviders, often controlling internal and external resources via a project management organization (PMO ).
Smart IT leaders cope with this shortage of generalists by moving to hybrid IT departments that manage cloud computing as well as more traditional IT functions, and that essentially run as virtual internal serviceproviders, drawing on a menu of external managed services as demand requires.