According to Ernst

According to Ernst & Young (2011) that, Program complexity is increasing at a faster rate than companies can suited. While companies have been cautious with IT investments over the last few for ever, investment portfolios are now being expanded to keep up with emerging technology trends or to master costly legacy upshot. Gartner predicts an increase in IT spending will be constant at an average rate of 5.3% per year through 2015.1 Gartner also indicates that almost 20% to 50% of a company’s IT spending will be focused on programs and projects — depending on an organization’s initiatives. However, organizations persevere to labor to deliver on their ample IT playbill.