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CFOs 'will be more involved in IT'

Jaimie Kaffash | March 29, 2012
Chief financial officers expect to become more involved in technology decision-making in the coming years, a new survey revealed on Wednesday.

Chief financial officers expect to become more involved in technology decision-making in the coming years, a new survey revealed on Wednesday.

In a survey conducted by Google of 100 senior financial decision makers in large companies, 50 percent of respondents said the CFO will exert more influence in the purchasing and management of technology services as cloud computing becomes more important.

The study also revealed that 68 percent of large enterprises are already implementing cloud computing.

Thomas Davies, head of Google Enterprise for the UK and Ireland, said cloud computing is increasing becoming an issue for CFOs. "Today we see ourselves having more discussions with CFOs, COOs and CEOs," he said.

"The fact that 93 percent of surveyed CFOs believed that cloud computing would be important to the success of their company in the next year to 18 months underlines that the board has woken up to the benefits of the cloud," Davies added.

 

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