Financial Management

This quarterly survey will track benchmarks in IT priorities and budgets through 2022. Benchmark against your peers in Q1.

Top Answer: Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.

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Top Answer: I want to understand your how your product / service works techncialy, what is your company strategy and most importantly skip the marketing terms/hot topics. At the end of the day I want to know if you are a fit within my technology roadmap and how specifically that can work.

What’s the state of compensation structure for tech decision-makers in 2021? Benchmark your compensation against your peers.

Top Answer: No plan to migrate soon.

Top Answer: The sector and size matters but usually about 4%.

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Top Answer: To me, there is no right answer here and experience certainly plays a role along with the kind of business you are in. I think what is important though is to consistently set aside a portion of your budget to invest in emerging technologies. This continuous experimentation has multiple benefits to the IT organization and the business:

• It sets up a culture that is always ready for change. Continuous exposure forces us to question status quo and this helps keep complacency at bay.
• Even if the experiment doesn’t have immediate value, it’s never a waste. Someone from the business inevitably asks about something they read or come across and experiments give us the depth to answer confidently and maintain the trust the business puts in us.

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Top Answer: Today probably 90% goes towards "Run". I would like to increase the amount invested in innovation. It certainly can improve employee morale and satisfaction if properly managed.

Top Answer: There needs to be a majority understanding how technology serves as the underpinning of all business. It facilitates, transits, closes, makes first contact, tracks, measures, deposits, etc. If there is that understanding, invest in a strong technology leader and empower them to have at least one quarter the board visibility as the CFO has had for decades. Empower that tech leader to share on how tech responsibility is critical and the tech roadmap, the how, the why, the progress, the outcome. 

How many cybersecurity tools and processes are teams outsourcing in 2021?

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Top Answer: Teams recently went 3x3 (vs 7x7) which helped tremendously. Microsoft has announced 40+ in the future. Teams was already an alternative to Zoom as it was essentially 'free' with our O365 subscription.

Top Answer: A partial solution for a small- or medium-sized company is moving more to SaaS. Although there is a risk that the cloud provider could be compromised, it's a much lower risk. And the impact would be way more severe because of how many customers would be impacted. It’s definitely more risky for a SMB to try to protect themselves on their own.