IT system adoption and business requirements are frequently not long-term solutions. The IT Masterplan consists of a number of long-term plans for creating IT systems that will serve business requirements. The IT Masterplan outlines organizational or business strategy for using information technology as a facilitator and enhancing competitive advantage over competitor.
The IT Masterplan document can also guarantee that all IT resources, including hardware, software, and human resources, have been planned to support the business activities of the company. Planning for the use of modern technology must support the objectives required by the company.
In general, all businesses or organizations who recognize the strategic and essential benefit of information technology for their business continuity should have an IT master plan.
The implementation of Information Technology Governance Principles, one of which is having an IT Blueprint or IT Master Plan in executing these principles, is required of all government organizations, including ministries, regional governments, state-owned businesses, and their subsidiaries. This regulation, which specifically applies to State-Owned Enterprises, is described in PER-02/MBU/02/2018, it relates to the Information Technology Governance Principles of the Ministry of SOEs (BUMN), which frequently submit audit reports to the Ministry of SOEs.
According to Financial Services Authority Regulation No. 38/POJK.o3/2016 Year 2016 Article 9 which states that Banks are required to have an information technology strategic plan that supports the strategic plan for bank business activities, the banking industry must have an IT Strategic Plan or an IT Master Plan.