Hello,
I manage an IT department of health care financial service organization around 150 employees with a total revenue about 12 million US dollars.
Even though we are in a very IT oriented industry, overall IT knowledge in the company is behind the curve which puts more demand to my department. Also, technology used in the company from a software and hardware perspective is near the end of their life cycle as well. On the top, we are growing at a 50% rate and will continue to grow.
With this scenario, could anyone tell me what should be the IT spending as a % of revenue.
Thanks
Raich
