Even with the economy in a fierce downturn, HP CIO Randy Mott preaches a high-risk, capital-intensive approach to transforming IT operations. But will other CIOs follow his lead?

By Chris Murphy on Informationweek.

Randy Mott's telling an incredibly persuasive story. Hewlett-Packard (NYSE: HPQ)'s CIO is laying out the results of a three-year journey by his team to transform the way it builds, delivers, and manages the technology that runs HP, and the results look impressive: triple the bandwidth at half the cost; 70% of employee time spent on new development with just 30% on IT support; 85 data centers consolidated to six; 700 data marts to fewer than 55; 6,000 applications to about 1,500.

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