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British companies underinvest in governing IT.(chief information officers surveys)(Brief...

Mercury Interactive Corporation have announced the findings of a major survey which indicates that embattled British chief information officers (CIOs) are struggling to prove their value and regain lost trust from their companies' management boards. Many of the 808 CIOs surveyed worldwide cited better IT Governance as holding the key to regaining senior management's faith in IT.

The survey, commissioned by Mercury and conducted by the Economist Intelligence Unit (ERD, revealed the top pressures facing CIOs worldwide. In the UK, the results indicated that the sheer cost

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