In March we ran a piece on how companies are failing to account for their technology assets; how millions of pounds worth of assets are being written off rather than capitalised simply because IT managers don't know what they have or what it's worth. (You can read the original column here.) 

The effect is two-fold. IT managers will continue to push for huge amounts of expenditure on technology despite having no idea if they need to; and all that data lying around your server rooms - some of it fairly sensitive - has compliance issues.

Today, the Financial Times has carried a story on its front page saying exactly the same thing. Research carried out by Insead, Micro Focus and KPMG found that fewer than half IT managers or finance directors had tried to value their IT assets. And 60% did not know the value of their software. (We covered that the research was going ahead, here.)

Hopefully, businesses are finally waking up to this issue. Finally realising that a business with servers that are only 15% utilised does not need to splash the cash on yet more servers. Time to rein in the IT department?