FEATURE : 2024 CIOS ’ PRIORITY
having a broad group involved to evaluate software . This helps the user community to understand what can be achieved with the right technology .
At BearingPoint , we often have clients review between four to five different solutions just to drive home the message that there is a significant gap in how users work today versus what those powered by modern solutions are capable of .
Avoid cost takeout and defining tech spend as a percentage of revenue takeout , is long overdue to be consigned to history . Businesses will find that targeting a specific percentage will stunt the progress and outcomes of transformation projects .
Instead , CIOs need to embrace the idea that every company is now , to some extent , a technology company . Rather than framing technology as an investment , businesses need to get comfortable with the idea that technology has the potential to be a revenue enabler .
Scott Glenn , Partner and Lead , BearingPoint
Many organizations determine IT budgets as a percentage of revenue . This view , along with cost
To help tackle this internally , we encourage clients to split budgets into three main buckets :
www . intelligentcio . com INTELLIGENTCIO NORTH AMERICA 41