Something to Consider October 2018 – Spend Implications of Digital Transformation in 2019
According to a recent Forrester report, business technology spending is set to increase by 9% next year. Of course, this does not necessarily mean that the CIO budget is increasing. Whilst keeping the lights on for today’s business, leadership has their work cut out to fund investment in Digital Transformation.
This is not about simply investing in ‘IT’ or the latest technology. CIO’s need to ensure they are involved in the process and decision making around priorities for the business as a whole, today and tomorrow. The CIO will need to take on more of a trusted advisor role addressing the ‘art of the possible’ on business models, strategies, process, people, data and technology
Our article this week dives into how CIO’s can ensure they are fully engaged in the business transformation agenda, to maximise the returns on investment in new technologies and data. You can read it here
Our ‘Something To Consider’ snippets are framed as small, digestible, ‘dashes of insight’ around the pillars of what we define as “World Class Finance” – Process Optimization, Financial Control and Compliance, and Risk Assurance, all underpinned by technology enablement and integration.