Information Technology Strategy
SearchCIO, February 9th, 2023
IT strategy (information technology strategy) is a comprehensive plan that outlines how technology should be used to meet IT and business goals. An IT strategy is a written document that details the multiple factors that affect the organization's investment in and use of technology.
Ideally, this strategy should support and shape an organization's overall business strategy.
IT strategies should cover all facets of technology management, including cost management, human capital management, hardware and software management, vendor management and risk management.
Executing an IT strategy requires strong IT leadership; the chief information officer (CIO) and chief technology officer (CTO) need to work closely with business, budget and legal departments and other lines of business and user groups to achieve its success.