Technology Strategy

Technology Strategy

Technology Strategy

An IT strategy should include all parts of technology such as hardware, software, risk and other important facets of the IT environment of the company. Implementing an IT strategy requires solid IT leadership, therefore, it is the duty of the Chief Information Officer (CIO) and Chief Technology Officer (CTO) of the company to work closely with all departments of the company. The constant process of the IT strategy supports the business strategy and requirements with IT capabilities. It is approved and document process of the company’s governance framework. IT strategies are communicated and updated every year as per the budget in the minimum review period. In an evolving technology environment that helps to enhance the business, IT strategy should be properly checked and communicated to business. A one year period may be too late, it is a strong alliance of IT capabilities and business rather than defining IT solutions in order to deal with business requirements. In short, Both IT strategy and business drive each other and it is the The best business IT strategy connects the technology with the goals of the company. While planning any strategy, it is essential to gain the in-depth knowledge of the mission, vision, values and goals of the company. Business Technology Strategy elements should start with business goals and end with a roadmap of lithe technology that paves the way for strategy implementation.

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