Reimagine your IT spend as an investment portfolio
November 9, 2016
IT is a big spend category for any company—typically, 2 to 8% of revenue depending on the industry. Many companies are starting to think differently about IT spending—particularly the top performers.
At a glance
- No longer will a one-size-fits-all IT investment strategy work. When it comes to IT decision-making, business strategies and corresponding financial forecasts should be the driving factors.
- Technology projects should be prioritized and monitored by assigning benefit rating expectations and tracking realized benefits.
- Business and IT experts at the most-successful companies have blends of business, financial, and technology expertise.