Five Tactics to Protect IT Investment Funding - Slide 7

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Five Tactics to Protect IT Investment Funding-7

Almost every CIO identifies reducing operational expenditure and increasing the amount spent on IT investments as a top priority. However, many fail to manage properly the operational costs of IT investment in new programs, which can erode investment funding, according to Gartner, Inc.

"Organizations that overspend on operational activity have little money left to invest in new projects. Without reinvestment, organizations cannot restructure and optimize their operational spending," said Stewart Buchanan, research vice president at Gartner. "This results in rising non-discretionary costs which in turn result in further underinvestment, lack of competitiveness, failing client service and loss of revenue. This makes future spending even less affordable and even less avoidable. Program and project managers need to break their organization out of this spiral of terminal decline."

To help CIOs and IT professionals avoid this spiral, Gartner has identified five tactics to help manage IT investment in new programs.


Related Topics : Application Security, IT Process Management, Six Sigma

More Slideshows

DynCloudInternetVisibility0x 8 Reasons the Enterprise Needs More Visibility into the Cloud

IT executives need the right tools to monitor and control their cloud infrastructure to maximize the positive impacts and mitigate security threats. ...  More >>

Analytics21-190x128 5 Ways to Avoid Becoming 'Digital Prey'

Future IT leaders will need to seek technologies that eliminate silos in order to deliver the right information to the right person within the right application environment at the right time. ...  More >>

NETSCOUTShadowIT0x 6 Tips for Combating Shadow IT Once and for All

To mitigate the risks of shadow IT, organizations must demonstrate the necessary agility and high quality of complex service assurance that users are looking for. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.