60/40 is the new 80/20

Based on findings from McKinsey's third annual survey of information technology spending - the old 80/20 ratio has fallen foul to the rise of a new ratio being desired by executives.  That ratio is 60/40 where the 60 represents the percentage spent on operation costs and the 40, the percentage to develop new business capabilities to match or surpass competition.  Clearly executives want IT to support them manage out of the downturn and not just focus on cost reduction.  In fact the survey revealed more than 40 percent of executives expected an increase in new IT investments in 2009, this compares to only 23 percent of executives indicating the same for operating costs.  Clearly the old 80/20 ratio is being compounded from both sides.  The full report can be viewed here.