Project Managment key to IT efficiency

A study conducted by LSE (London School of Economics and Political Science) surveyed CIO from all over the world and half agreed that they could save more than 5% of their annual budgets by improving IT efficiency and reducing waste.Better application integration, better IT training and a closer alignment between IT and business objectives were all cited by more than a quarter of respondents as other factors that made IT less effective than it could be. Another subject they touched on was the under utilization of server, AKA server sprawl. By implementing virtual servers they will utilize more of what they have and that will benefit them also.