The next priority is server virtualization

"We have dabbled with it in the past and because it is becoming mainstream we are more confident about moving ahead," he said.

"Another major task is network redesign - this occurs every five to seven years and we will upgrading the network to include new technology such as wireless, VOIP and video over IP and other high speed network applications - we will complete the upgrade over the next two years. This year, we have a chance to build and plan a little more rather than just surviving as we have had to for the last three years."

Demands are great for everyone even high profile CIOs like Randall Mott of Hewlett-Packard. When assessing projects, Mott said he found at least 10 major IT budgets that were separate from one another, plus a variety of "shadow" IT activities that were going on outside those budgets.

Altogether, HP had about 1,200 IT projects in the works, he said .The main focus for online tender notification service TenderLink is developing its in-house JADE application which is used to manage subscribers.