IDC survey: 61% of enterprise technology projects are now funded by the business rather than the IT department. IT spending driven by functional business areas will continue to outpace IT spending by the IT organization in the future. With such high stakes, the business is increasingly taking a front seat in technology initiatives, says Whalen. As businesses embrace the 3rd Platform, built on cloud services, big data analytics, mobile computing, and social networking technologies, they are taking the critical first steps toward business process transformation.”]