IT and business priorities don’t align in financial services, healthcare, retail and public sectors

A Vanson Bourne survey of CIOs and IT Professionals in organizations with more than 1,000 employees across the United States, United Kingdom and Germany finds that:

 The top business priority is innovation with new products and services while the top IT priority is cost reduction

 Application modernization remains top of the list, named as the best way to reduce costs and the leading driver of innovation