No two years are exactly the same when it comes to IT budgeting, but the past several years have been more different than most. Simultaneous shortages, accelerations, and increased risk are forcing business leaders to rethink how they use and invest in technology. Technology was important before the pandemic, but now it’s center stage. From …
Developing an IT budget that hits the mark paves the way for a year of strategic wins. But how can your IT budget-planning process set you up for success? Most companies start annual IT budgeting by looking at last year’s budget and working from there. Although common, we’ve seen that’s not the best approach when …
There are many approaches to IT budgeting, yet the Run, Grow, Transform (RGT) model remains a preferred classic for a good reason. Gartner developed it to help companies successfully plan and invest in IT and help CIOs decide how to allocate IT resources to support those investments. It looks at your overall IT budget through …
This coming year is unlike any other when it comes to IT budgeting. Not that any two years are identical, but IT budgets for 2022 will look decidedly different because of the pandemic. COVID-19 forced companies to change the way they do business and they used technology to do it. The rush to work from …
According to IDG’s most recent survey of IT decision makers, 93% of organizations have plans to pursue digital business transformation and 48% already have a digital-first approach. How are they working transformation into the budget? In part, by reallocating dollars from non-strategic IT or the day-to-day IT activities that are not business-specific, to strategic IT …
Each year your organization gets a fresh opportunity to improve on last year’s IT budget. To help you succeed in 2020, Leapfrog Services has developed a collection of materials that cover IT budget planning, processes, caveats, and decision-making. Our downloadable IT Budgeting Guide for 2020 is a comprehensive overview. It walks you through what we’ve …
As a managed IT provider, Leapfrog Services is often heavily involved in our clients’ IT budgeting processes. Ideally, we conduct an IT business Strategic Alignment Session before the budget is complete to discuss how IT can help meet planned goals and help determine the costs involved. In this final post of our series on IT …
Like all organizations, yours needs to keep up with new cybersecurity threats. What you did this year isn’t going to be enough to protect your business next year. But where should you focus your IT cybersecurity budget in 2020? In this post, which is part of our series on IT budgeting for 2020, we discuss …
(UPDATED) If you run a business, how do you know if you’re spending the right percentage of your budget on IT operations? Find out what others in your industry are spending is a great place to start. Budget studies by Gartner and others can point you in the right direction for general guidelines. IT budgets …
How well will your IT serve your organization in 2020? The first step is to budget correctly! This post is part of our series on IT Budgeting for 2020 and covers the high-level questions to ask within your organization as you begin the budget season. Other 2020 budgeting posts cover budgeting for cybersecurity and the top …