Analyst firm Gartner has recently outlined its view on how the rest of 2015 will pan out for a range of vertical industries, forecasting a total worldwide IT spend of $2.69 trillion - a decline of 3.5 percent over 2014. Analysts on IT budgetsĪs noted above, the current economic climate and the industry sector involved are big influences on a company's IT budget.
#Free budgeting software 2016 pro
In this introduction, we'll take a look at some recently released survey results - including from our sister site Tech Pro Research - and examine how CIOs can get a helping hand with budgeting and IT procurement from specialist SaaS providers and consultants respectively. This month's ZDNet special feature explores several aspects of IT budgeting, with particular reference to the upcoming 2016 round.
All the while, of course, the IT department is expected to deliver value for money by minimising capital expenditure and operational costs wherever possible.
When allocating the resulting IT budget, CIOs need to balance the tactical requirement to 'keep the lights on', by upgrading and if necessary expanding existing systems, with the more strategic requirement to explore new opportunities for digital transformation within the business. 41 impressive questions to ask in a job interviewĪ company's IT budget is affected by multiple variables, including the state of the economy, the industry sector in which it operates and its financial health - not to mention the persuasiveness of the CIO (or other responsible executive) when it comes to fighting IT's corner in the boardroom.
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