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Sarbanes-Oxley seen as biggest IT time waster

Sarbanes-Oxley seen as biggest IT time waster

by Rick Turoczy on August 23, 2005

One of the survey’s questions asked respondents to imagine themselves being transported to 2015 and then looking back at 2005 and what they thought in retrospect would prove to be either an ineffective or wasteful use of their IT time. Twenty-eight percent of those polled cited Sarbanes-Oxley compliance, followed by deployment of unproven technologies (23 percent), purchase of unneeded technologies (19 percent), and continuing support for outdated technologies (17 percent). The fifth-rated bugbear cited by 10 percent of respondents was external consultants, with software upgrades only distressing one percent of those polled.

Robert Rosen, the current president of Share, wasn’t surprised that Sarbanes-Oxley is proving to be a major headache. “It’s occupying a lot of people’s time and they can’t figure out what the return on investment is there,” he said.

Sarbanes-Oxley seen as biggest IT time waster

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