TOP TEN CONCERNS > Managing Budgets
Budgets are as tight as ever. In last year’s research they were CIOs’ biggest concern and this year they are still near top at second place. Since the last recession where IT budgets were pared to the bone, organisations are striving to keep a really tight control over them, even though they still need innovative IT to keep ahead of the competition. Savvy CIOs are seeing savings through standardisation of the IT infrastructure so new systems can be financed without increasing budgets.
News
Easyjet struggles with fuel prices, but integration a success
Fuel bill rises as Easyjet lowers IT costs full year results to March reveal
“Prudent” Lloyds TSB could weather banking crisis
Cost management and good investments provide a cheery banking story
Thomson Reuters strong on efficiencies
Financial and scientific information services company looks ahead as combined giant
Strong UK market benefits Standard Life
Efficiencies continue to improve Standard Life performance
DWP steps up IT expenditure
Child Support Agency IT improvement continues to be a huge cost
UK gov't websites are 'out of control'
Report criticises unnecessary sites
Virgin Trains rolls out £750k financial system
Looks for simplification and automation of processes
Despite outsourcing deals, restructure dents AstraZeneca Q1
First quarter bears the brunt of costs of change at pharmaceutical giant
GSK reports operating profit fall
Competition and research hold back GSK, Lucozade adds some energy though
JP Morgan splashes £15m on Temenos platform
Bank wants to make products and services consistent globally
The CIO 100
1. Ministry of Defence
It’s little wonder that, with global security high on the agenda, the UK defence budget is set to increase from £29.7 billion in 2004/05 to £33.4bn in 2007/08. In real terms (after inflation) this represents average annual growth of 1.4 per cent and will amount to the UK’s longest period of sustained real term growth in planned defence spending.
2. Her Majesty’s Revenue & Customs
In the four years since top civil servant Gus O’Donnell, then permanent secretary at the Treasury, concluded that merging the former Inland Revenue with Customs & Excise would create a more efficient and effective tax collection and enforcement organisation, Her Majesty’s Revenue & Customs (HMRC) has faced a multitude of supplier and management-related IT challenges.
3. Royal Bank of Scotland Group
The Royal Bank of Scotland (RBS), the UK’s second largest banking group, in line with other players in the market, saw its profits rise again this year. It reported a pre-tax profit of £9.2 billion, 16 per cent up on figures last year.
4. BT Group
BT’s IT function has had an impressive 12 months. It has ‘upskilled’ more than 5,000 IT professionals, so that now 3,100 are engaged in customer-facing, revenue-generating work rather than internal IT projects. It has also achieved a first-time, net reduction in the systems estate, savings of approximately 19 per cent in unit costs two years in a row, while simultaneously tripling its output, and doubling its delivery speed.
5. Department for Work & Pensions
The Department of Work and Pensions (DWP) pays out £115 billion a year to more than 26 million customers. While its IT systems may not always have been in the spotlight for all the right reasons this past year, the department headed by Joe Harley has certainly been central to some major changes.
6. Royal Mail Group
With its market now open to competition, the last year was a bit strange for the Royal Mail Group business but in IT terms it was pretty good, according to its group technology director David Burden. “We still managed to cut 10 per cent from our costs, while at the same time absorbing a range of new technologies and systems,” he says.
7. Lloyds TSB Group
Lloyds TSB is currently the fifth largest banking group in the UK, operating in England and Wales as Lloyds TSB; and in Scotland as Lloyds TSB Scotland. Its other subsidiaries include the mortgage bank Cheltenham & Gloucester; life assurance company Scottish Widows; and finance house Blackhorse.
8. HBOS
HBOS is the UK’s largest mortgage and savings provider and the number one provider of new investment products. It provides retail, business and corporate banking, and insurance and investment services through its multi-brand strategy in the UK and internationally.
9. Unilever
Anglo-Dutch consumer goods giant Unilever produces 400 brands in 14 categories of food, home and personal care products. It operates in nearly 100 countries, has 365 manufacturing sites, and employs more than 220,000 people.
10. BP
BP is one of the largest integrated oil companies in the world, with an estimated global market share of around three per cent of oil and gas production and four per cent of refining capacity in the major global markets in which it operates.
Lead article
Is outsourcing really outsourcing or distress sourcing?
UK companies are using the emergence of mixed economic news to press their outsourced service providers for lower prices - and are mortgaging their future.
Recent Articles
Software as a service (SaaS) is now on the menu of large companies
Having been the order of the day in small- and medium-sized businesses, software as a service (SaaS) is now on the menu of large companies
more features»
Corporate IT Forum chairman Ian Campbell plots a new course
The Corporate IT Forum is independent, practical and influential. Much like it’s chairman, Ian Campbell, who tells Sarah Aryanpur how he is plotting its course
more features»
Beware outsourcing operations it’s no one-way ticket to financial paradise
Outsourcing operations to far-off lands may seem like a one-way ticket to financial paradise. But, as Geraldine Fox explains, taking shortcuts could lead to a hellish situation
more expert advice»
How CIOs can deal with projects that have no planned budget or staff resources
Consultant N. Dean Meyer reveals how CIOs can deal with projects that have no planned budget or staff resources
more expert advice»
Network of opportunity
CIO Andrew Watson may have fallen into IT but his engineering background – and experience in non-standard roles – has put the British Transport Police’s platforms on the straight and narrow.
more features»
Latest articles by top CIO concern
Board Politics > Five things Don Tapscott has learned about collaboration
Wikinomics author and consultant Don Tapscott believes that transparency is power and that the benefits of collaboration outweigh its drawbacks, Jarina D'Auria shares his learnings.
Business Alignment > Eleven cloud computing vendors to watch
A Forrester report reveals the benefits of cloud computing and the eleven vendors topping the competitive cloud landscape, says Laurianne McLaughlin
Infrastructure Refresh > Is IT achieving green?
As more and more organisations assess their impact on the planet and opt to go ‘green’, concerns are being raised as to the actual progress being made, if at all? Elana Varon takes a closer look.
Managing Change > Can the new Google CIO fill Douglas Merrill's shoes?
Executive recruiters and Wall Street analysts think Ben Fried is indeed a good choice.
Resource Management > Cloud computing: Tales from the front
While CIOs begin to embrace the emerging technology of cloud computing, experts say IT staff will be more likely to resist, says Bill Snyder.
People Leadership > HP and IBM combine datacentre strengths
The two biggest computer companies in the world – IBM and HP – are proving they can save on datacentre space and energy through the power of consolidation
Compliance > Cloud-based services are too difficult to measure and justify enterprise deployment
Cloud-based services are too difficult to measure and justify to be deployed by enterprises today, says Janice McGinn
Managing Budgets > Former ICI IT boss Richard Sykes sees cloud computing creating a ‘Services 2.0’ culture
After having helped bring business discipline to IT and outsourcing at ICI, Richard Sykes sees cloud computing creating a ‘Services 2.0’ culture
Managing Customers > Technology’s brief to help save the environment should not stop at the datacentre
To the borders and beyond
Security > BlackBerry is a handheld dilemma for CIOs
The way organisations introduce new technologies is changing from an instinct-based approach to a choice based on business value, argues Nigel Hughes
WHITE PAPERS
7 Essential Steps of Vulnerability Management
Every week at least 155 risks from newfound software to operating system vulnerabilities, threaten the security and availability of networks and applications. Now is the time to be prepared.
Data Centre Optimisation

About us
Contact us
RSS
Events
Newsletters
Magazine





Subscribe to CIO's RSS feeds








