Canadian Journal of Pure & Applied Sciences

Abstract: Information technology has become an indispensable part of business organizations and as a result greater interdependence between IT and business has emerged. Due to increasingly dependency of business on information technology (IT) it is necessary that business processes and IT co-evolve so that co-evolutionary changes generate successes in business organizations. This paper presents study aims at providing a co-evolutionary framework that could facilitate organizations to understand co-evolution in an integrated way. A co-evolutionary layered framework will help understand the reasons for business-IT gap and assists organizations to reducing the gap in order to achieve alignment business and IT. A co-evolutionary methodology adopted for studying evolution in business and IT. Together with this a survey instrument technique has also been used for data collection in financial domain that is used to study and validate the framework. This study encourages researchers to further develop a framework that could determine the rate of coevolution in order to control evolution of business and IT in organizations.