Governance processes for firms in the advanced phase of IT transformation must integrate tech governance with overall business governance for funding, risk management, and metrics. Technology is the business in these customer-obsessed firms as they strive to operate as adaptive enterprises. This report looks at how tech leaders must change tech governance to serve as the platform for tech-driven innovation and changing business models — unlocking new business value across the enterprise and the ecosystem. This is an update of a previously published report; Forrester reviews and revises it periodically for continued relevance and accuracy.