The IT department executes numerous initiatives to meet growing demands and facilitate technological improvements. For a department that is often branded a cost center, streamlining IT spending and the ROI becomes a painstaking, time-consuming process for CIOs.
To top it off, generic IT budgeting reports revolve around budget consumption, with minimal information on much else. To demonstrate IT's returns and strategize effective budgets, CIOs require better visibility and insights.
This e-book lays out a powerful, three-pronged strategy for achieving granular insights into IT spending and strategizing successful IT budgets:
Comprehensively analyze IT spending.
Understand and curb budget wastage.
Measure the return on IT investments.