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Veritas Study: IT Execs Flying Blind

A study commissioned by Veritas Software Corp. (Nasdaq: VRTS) found that around half of U.S. IT executives say they have no idea what their hardware utilization rates are -- even as most of them are continuing to make new investments in IT infrastructure.

Veritas contracted U.K. research firm Dynamic Markets Ltd. to analyze the effects of "the global economic slowdown" on companies in the United States and Europe, Middle East, and Africa (EMEA). The report was based on interviews with 704 senior executives from large companies.

According to the study, 52 percent of U.S. IT executives say they are unsure of their hardware utilization, whereas in EMEA, only 7 percent are. In the U.S., 71 percent of the IT heads are not sure what an acceptable hardware utilization rate should be, compared with only 9 percent who are unsure in EMEA.

At the same time, the study found that over the last 18 months, 71 percent of U.S. IT departments made new investments in their infrastructure, versus 46 percent of EMEA IT departments. Meanwhile, only 5 percent of U.S. IT directors believe they are utilizing their hardware at an "acceptable" rate.

So let's get this straight: U.S. IT executives are less sure about how efficiently their current infrastructure is operating, but they're spending more on infrastructure. Are American businesses simply worse at keeping track of their technology assets than those in the rest of the world?

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