OCTOBER 3, 2016 | BY MARY SHACKLETT
Organizations often try to expedite projects and tech implementations to quickly demonstrate ROI. But in some cases, a better plan is to slow the rate of IT spend to optimize budgets and control costs.
Recent Tech Pro Research survey data indicates that IT budgets will continue their conservative yet upward trends by staying within 5% of 2016 levels for 2017. However, modestly increased IT budgets don't mean that CEOs, CFOs, and CIOs aren't going to expect even better results from their technology investments than they are already getting.
Most present investment optimization has been occurring on the IT side. It has been realized through the shortening of projects and the creation of faster time-to-market for new technology. Likewise, the payoffs of technology investments and implementations are being recouped in shorter periods of time to prove out technology returns on investment (ROI)--with many organizations expecting that a newly implemented technology project will pay for itself within one year's time.
But there's another financial side to getting the most out of IT spend that has little to do with how quickly technology is put to work. These financial strategies are used by companies to slow down the rate of payment on new technologies so that organizations can
