The ideal IT budget: Best Practice vs Reality
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Transcript of The ideal IT budget: Best Practice vs Reality
THE IDEAL IT BUDGET:
Proportion of overall technology budget expected to be under CMO control by
the end of 2015.
“While the IT budget rarely includes all of the organisation’s
technology spending, best practice dictates that the IT department
still gather a holistic view of technology costs, regardless of where they reside.”Margaret Rouse, WhatIS.com
“Organisations need to get to a position
where they can know the true spend on IT
and the business value the services yield,
then start to evaluate the best options.”
Roy Illsey, Ovum Principal Analyst, Computer Weekly
“Most CIOs have limited budgets for innovation-
related activities and report that risk aversion
among other board members constrains them from making
riskier IT investments.”The Deloitte CIO Survey 2014 –
CIOs: at the Tech-junction
Proportion of IT budget assigned to business growth, while 55% remains focused on supporting the delivery of
core IT services.
Social and Mobile tools, Analytics systems and Cloud computing are driving IT investment.
of IT professionals expect their firms to spend more on
SaaS and cloud services.
of professionals expect their firms to spend more
on enterprise analytics, data mining and BI.
of IT professionals expect their firms to spend more on the development, upgrade and replacement of apps –
including mobile.[Computerworld Forecast Survey 2014.]
10% 22%
40% 38% 38%
vsBEST PRACTICE REALITY
MARKETING MOVING IN
GET THE COMPLETE PICTURE
BEWARE THE ROGUE CLOUD
BIG DATA BUDGET DEMANDS
CHARGE BACK TRENDS
DRIVING TECHNOLOGY
BIG IT UP
TAKEAWAYS
HUNGRY CORE SERVICES
RISKY LIMITATIONS
THE RISE OF THE SMAC STACK
IT BUDGET CHALLENGES
MARKETING IT SPENDERS
COLLABORATION
The increase in the number of companies that have deployed or implemented big
data projects in the last year.
The number of companies which plan to implement big data projects in 2015.
The number of companies that expect IT allocations for data-driven initiatives to
increase in 2015.
IT organisations that are charging back at least some IT expenses to other
business units.
Winning IT budget buy-in is all about communication:
[Gartner]
Tell stories that illustrate the financial journey of the IT department for stakeholders.
Use your cash profile to build credibility across the business, showing how IT investment drives improvement in marketing and other areas.
Benchmark the cost of your IT organisation with the rest of your industry.
Become a marketer! Show them that IT is the department that delivers.
Don’t miss an opportunity to demonstrate how a bigger budget could drive greater business value.
Become a marketer: don’t undersell
the benefits which IT has already
delivered for the business.
Charge them: making other
business areas accountable for
their IT spend is a great way to regain
a clear picture.
Embrace the cultural shift: if an IT budget belongs to everyone, they’ll look to you for best practice on how to
spend it.
[IDG Enterprise, 2015 Big Data and Analytics – Insights into initiatives and strategies driving data investments.]
[Computer Economics, IT Management Best Practices 2014-15.]
[IDG Enterprise, 2015 Big Data and Analytics – Insights into initiatives and strategies driving data investments.]
[Econsultancy: Marketing Budgets 2015.]
The number of companies who see limited IT budget as a challenge.
The number of companies who see the ability to demonstrate ROI as a challenge.
The number of companies concerned about rising infrastructure and
maintenance costs due to data growth.
Companies that plan to increase their spend on digital marketing technology
in 2015.
125%
42%
36%
51%
45%
26%
20%
79%
WWW.CRMTECHNOLOGIES.COM
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“Marketers already have enough to
contend with as the breadth and complexity of their remit continues
to increase in other areas, independent of technology. What they do need to take responsibility for is
communicating their tech requirements
effectively within their organisation.”
Adam Smith, Head of Media Strategy, Dunnhumby,
B2Bmarketing.net
“The big brand CMOs I speak to on a regular basis are increasingly
involved in driving technology as this is becoming more
core to Marketing’s success as ad spend
moves from traditional media to online.”
Mark Phibbs, VP EMEA Marketing, Adobe Systems Europe,
B2Bmarketing.net