Delivering IT solutions at an appropriate price point is a chief goal among all IT leaders, and it’s important to stay savvy about reducing costs. One tech writer has identified and outlined several cost areas that you can optimize to deliver the most value to your partners within the business.
Category: Management and Finances
Budgeting on a companywide basis is a must-have skill for today’s IT leaders. IT is often viewed as a cost center—so how can you show management that your department can make money for the company? We have resources including new books on the subject, other finance resources, and accounting basics (such as EBITDA and CAPEX) to help you keep your IT team’s finances in order.
By Patrick Gray Every IT leader has the critical duty of budgeting on his or her plate, but the issue is far from simple. In fact, it could be even more difficult for IT, as it’s often viewed as a cost center by many executives. One tech writer is here to help with a concise […]
By Mary Shacklett Chief information officers (CIOs) have traditionally butted heads with chief financial officers (CFOs) over IT spending. But CFOs are now seeing how technology is enabling business strategy—and they’re working with, rather than against, IT. Most IT leaders are saying that it’s about time!
By David Taber Too often, cloud integration initiatives result in some unwanted surprises in cost. In fact, these overrunning costs happen with alarming regularity. But these cloud project surprises have a certain anatomy to them, and recognizing the patterns is the first step toward solving the issue.
By Bart Perkins It’s the age-old battle—budget against the needs of the IT department. While frustration is understandable, IT leaders need to understand the financial policies that control the way IT buys infrastructure and systems. One tech writer has thoughts on how to move beyond the conflict.
By Stephanie Overby New reporting rules could make IT equipment leasing less attractive, but lessors may be more amenable to meet client demands or offer new value-added services to win over customers. Read on to get the whole story and to see how it may affect your IT department’s strategy.
By John Hoebler With the introduction of software as a service (SaaS), organizations must understand and evaluate their options to account for their SaaS implementation expenses—for both book and tax purposes. See one tech writer’s major accounting considerations for companies implementing SaaS-based systems.
By Clint Boulton IT is often viewed by executives as a cost center, so every IT leader would like to know how to trim costs without sacrificing quality. FedEx is doing just that, saving hundreds of millions of dollars by eliminating redundant applications and legacy technologies, being savvy with analytics, and aligning with a service-oriented […]
By Alison DeNisco A new report predicts that enterprise IT budgets for hosting and cloud services are going to rise by 6% in the new year. It’s further demonstration that third party vendors are increasingly relied upon for infrastructure—whether that’s a good thing or a bad thing depends on your organization or industry.
By Patrick Thibodeau A new survey suggests that the tenure of IT leaders is rising, spending on hardware and software is decreasing, and more money is being put toward cloud services. Another area that is becoming a priority for IT spending is innovation. What does innovation spending really mean, and why is it happening?