Gartner Research

The Technology Funding Model for the Digital Enterprise

Published: 05 April 2017

ID: G00347567

Analyst(s): CIO Research Team

Summary

As technology becomes the top driver of enterprise growth, CIOs must rethink how their companies prioritize and track technology funding. Current technology funding models are incomplete, as they fail to capture all technology spending across the enterprise, and they are too slow and rigid or narrow in scope to support innovative and fast-changing digital investments. A new model is emerging that allows CIOs to be the steward of enterprise technology spending, empowers IT and other business leaders to make funding decisions faster, and makes the drivers and benefits of technology investments transparent.

Table Of Contents

The Current State of Technology Funding

Challenges of the Current Models

Incomplete Picture of Enterprise Technology Spending

Rigid Prioritization Process Hinders Speed and Flexibility

Hidden Technology Interdependencies

Poorly Understood Cost Drivers

The New IT Funding Model for IT

Objectives of the New Funding Model

A Better Way to Look at Technology Funding

Five Steps to Build a Technology Funding Model for the Digital Enterprise

Conclusion

Recommended by the Authors

About This Research

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