For IT finance, one of the most challenging aspects of IT benchmarking is aligning their actuals to the benchmarks' taxonomy. We recommend an ongoing program for cost analytics and transparency where you consistently understand how your spending aligns with a standard taxonomy used by benchmarks.
CIOs walk a tightrope, balancing the tension between fiscal responsibility, technology-enabled efficiency, and innovation-driven growth.
- How much IT spend it too much, leading to waste?
- Too little, leading to business risk?
- Just right, delivering the value your business expects from technology investments?
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