Abstract
Information Technology (IT) has witnessed a rapid pace of change, impacting various aspects of society, business, and everyday life. The dynamic nature of IT presents both opportunities and challenges, necessitating effective management strategies. This research paper explores the key drivers of rapid changes in IT, their implications, and proposes strategies for managing these changes. It emphasizes the importance of agility, continuous learning, and proactive adaptation to harness the benefits of evolving IT landscape. In recent years, Information Technology (IT) has been changing at a breathtaking pace. Although this rapid IT change has created opportunities, studies have shown it is challenging those responsible for it around the world. IT projects are notorious for budget overruns and delays, and rapid IT change can exacerbate these problems. Rapidly changing IT is enabling today's huge growth in electronic commerce and Internet business. IT will continue to change with alacrity. One study estimated the rate of IT change as 20 to 30 percent per year and accelerating. Industry observers have further claimed that this change is challenging today's IT management.
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