IT as profit center
IT is slowly becoming POWER CENTER, its no longer a cost center of your business. The reason it was cost center all this while is, IT departments used to get grants from business. But now things are changing, IT departments not just reducing costs for business, it started generating income. IT department is the growth engine for any line of business like Retail, Health care or Banking. CIO's role is now becoming more and more important every day. Executives and Boards started looking at IT department for their solutions, new ideas and key income generation. In today's world eCommerce, social commerce, mobile payments, self checkout kiosks, Smart phone apps are changing the world pretty quickly. Businesses realized where their next big bucks are going to be. IT is grabbing the chair next to main line of business. IT department is the missing business inclusiveness all this while. It aligns all your business much strategically in today's world. It is the value engine al...