In today's economy, competitive advantage is short-lived, and leading
companies recognize that continued investments in the virtuous cycle of technology are required to stay ahead. By answering the following questions, this paper describes how companies can best maximize value from their IT investments and can partake in the virtuous cycle of IT:

• Is there a virtuous cycle that drives and accounts for the increase in IT spending?


• How do companies leverage IT investments to drive competitive advantage?


• Do all companies extract equal value from their IT investments?


• How are leading companies maximizing the return from IT investments?