Budget

Budget2018-02-22T09:03:13-05:00

Project Description

When it comes to IT expenditures, organizations are challenged to maintain the technology infrastructure and finance new projects. All this while each line item comes under scrutiny. However, for many firms, the annual budgeting process is complex and time consuming.

IT Budget Components

  • Run Budget items keep the organization operating. Examples of Run budget items include mission-critical server replacements, key software upgrades and personnel costs associated with administering and maintaining the IT infrastructure on a day-to-day basis.

  • Grow budget items help the organization introduce new capabilities or improve existing ones. Grow initiatives could include the implementation of new software that makes operations more efficient, the purchase of a new firewall that provides additional protection from cyber threats or an upgrade of the organization’s website that improves interactivity with customers.

  • Transform budget items are research- and-development-type activities. These initiatives might seek to identify, for example, the right technologies for new organizational capabilities; fundamental changes to business processes; or a new product or service offering. Examples of Transform initiatives include proof of concepts, prototypes and small-scale testing of new systems or business applications.

REACTIVE FOCUSED PROACTIVE

RUN

80%
60%
50%

GROW

20%
30%
30%

TRANSFORM

0%
10%
20%

How can we help?

We will work with your organization to put together an IT budget that makes sense and maximizes your IT investment.

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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.