Gartner Research

How to Manage the IT Budget Through Cost and Value Optimization

Published: 24 August 2017

ID: G00302425

Analyst(s): Kurt Potter, Cesar Lozada

Summary

With an average increase of only 2.2% of the IT budget in 2017, funding and budget issues continue to be one of the biggest obstacles to CIOs achieving enterprise objectives. Better transparency and cost modeling can help CIOs maximize and communicate IT's contribution to business success.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Review Current IT Spending and Investment Activities in the Context of Cost Optimization
  • Benchmark IT Spending and Investment Levels to Identify Areas for Cost Optimization and Value Realization
  • Expand Budget Management Initiatives by Reducing IT Spending on Nondifferentiated Capabilities to Drive Business Value
  • Conclusion

Case Study

  • Review of Application Portfolio Yields Cost Savings
  • Transitioning to the Cloud Affords Continuous Integration and Cost Reduction Realization

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