Are you starting to feel a headache coming on just thinking about your IT budget? You aren’t alone in this regard, it is felt across organizations of all sizes, and even the biggest players still have difficulty sizing and maintaining an annual budget. More often than not the difficulty lies in understanding where, why, and how your money is being spent. Traditionally IT is viewed as a cost center, and while I understand the psychology behind this viewpoint, I do not believe it to be valid.
According to Deloitte the average IT budget as a percentage of revenue is 3.64%, with some industries spending almost 8% of their revenue on technology needs. Over the last 6 years this percentage has increased for over 50% of companies, illustrating the additional focus that organizations are placing on IT. Having been in this industry for over two decades, I am pleased to finally see organization’s financial commitments more closely align with how critical this aspect of their business truly is.
Working together we will build a clear understanding of your current expenditures, contracts, and other obligations as they relate to IT. Once a baseline is established, we can look at how you will be spending going forward, and where we can start building return on these investments. Having been in this industry for so long, I have worked with many tools out there that can improve the efficiency of your business and team. Some of these you are likely already paying for, but not leveraging completely. We will change that.
The old ways of doing business and IT are disappearing, and it is now time to jump into the modern age. Operations and IT go hand in hand these days, and the right tools can help you and your staff do more with less. I specialize in being able to look at processes and procedures from a unique point of view and can understand not only ownership and executive requirements, but also the experience and issues from the people in the trenches every day. With everybody’s participation we can greatly improve a vast majority of processes and procedures, making your business and employees more efficient and profitable.
If you are ready to talk, please contact me today!