A New Lease
Thanks to the Web, CIOs now can rent enterprise applications instead of buying them. Charles Warczak had one of those career make-or-break decisions that most CIOs face at least once. His company, Sunburst Hospitality, was being spun off from Choice Hotels International. Warczak's task was to create an IT infrastructure to ensure Sunburst's 87 hotels in 27 states keep accurate books and pay bills on time. Warczak could spend several million dollars to configure and install his own financial system or he could make a bolder move on a new concept: rent the application over the Web on a monthly basis.