Webinar: Navigating IT Budgets - How to Link Software Expenses to Business Success
Nine out of 10 IT decision-makers anticipate an increase in their budgets by 2025. Yet, software spending accounts for 21% of IT budgets with a projected growth of 10.5% annually through 2027, meaning other costs must decrease to make room.
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IT expenses are often seen as costs rather than investments, with no direct link to business performance. However, the IT budget can be a vital management tool for communicating business needs and justifying technology investments across the organization. This encompasses vendor selection and negotiation, Total Cost of Ownership (TCO), and IT life cycle management.
This on-demand webinar focuses on how you as an IT leader can effectively tackle your IT budget to support your organization in achieving common goals by:
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Discussing current trends in IT budgeting to connect expenses to business outcome.
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Mapping costs to applications, business units, and users to provide transparency and visibility into the IT cost base and its value.
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Partnering with key business stakeholders to establish the IT budget based on a mutual understanding of investments and business outcomes.
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Supporting the budget with data and linking IT costs to business performance using key performance indicators (KPIs).
The webinar is hosted by Alex Geuken, who shares best practices and hands-on advice relevant to the upcoming budget period. The webinar is held in English and available on demand.
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