Re:It's Getting Harder to Tell Banks from Tech Companies
by samstave on Thursday February 15, 2018 @03:13PM
(#16387176)
>I used to work in another financial-related company and "IT is a cost not a revenue center" was thrown around as often as possible
This has literally always been the case with IT; they were always seen as cost-centers, not profit.... which is largely due to IT departments historically falling under the CFO....
CEO: "Keep these motherfuckers from spending money"
IT: if "You want this [project] to meet your requirements of [XYZ]?, then == $2000000
CFO: "Fuck you, lets do it for half that and drop security and accessibility as a result"
This has literally always been the case with IT; they were always seen as cost-centers, not profit.... which is largely due to IT departments historically falling under the CFO....
CEO: "Keep these motherfuckers from spending money"
IT: if "You want this [project] to meet your requirements of [XYZ]?, then == $2000000
CFO: "Fuck you, lets do it for half that and drop security and accessibility as a result"