How IT Spend reflects your Growth Ambitions

“How much we spend reflects how much we grow” is the conventional wisdom of business. This is also true for IT spending, but IT support and services demand more strategic thinking about how we spend our money – just throwing money at IT won’t necessarily support growth targets.

Most businesses aspire to revenue growth by expanding existing sales or through acquisitions. IT is a central enabler for revenue generation and how spending is managed is a good indicator of how determined the management team is to accelerate growth.

INDICATORS FOR AN IT-LED GROWTH APPETITE INCLUDE:

  • Investments in innovation to develop new products.
  • Engaging with specialist providers for services which require rapid scaling.
  • Adopting IT-as-a-Service consumption model to be less tied to capital projects.

For larger organisations, there is also a strong correlation between rationalisation of existing systems and architectures with growth ambitions. IT can become very complex after years of meeting business demands and this can be a big blocker to flexibility and growth.

Related article: How to get more out of your IT budget

CAPABILITIES AND CONFLICTING PRIORITIES

We all have aspirations of what we want to achieve, but too often a lack of capability keeps targets in the distance. How IT spending is managed should be measured with what can be done with existing resources.

For example, if a retail business is looking to expand its network interstate and open 10 new stores (say 5 in Melbourne and 5 in Brisbane) it must assess whether its in-house IT team is capable of supporting the expansion or if a managed service provider should be brought in. Simply settling for what the organisation is capable of can also stifle growth.

It is also important to identify if growth will be seen as “more work for the same pay” by in-house staff. Engaging with a service provider can overcome this conflict and the business can better map the ROI of the growth targets.With our IT roadmap, we asses our clients’ capabilities and priorities and identify ways to maximise your budget on ICT solutions for now and the future.

Contact us now to see how we can help. 

LET’S CREATE A PLAN THAT GIVEs YOU THE OUTCOME YOU NEED.

Register for an initial online discussion over Zoom, phone, or in person. And let’s find out where your business most needs our award-winning services and support.

By analysing your specific needs and priorities, we’ll give you a realistic and practical recommendation on what’s required to accelerate your modern architecture.

Our Senior Consultants will help you evaluate and understand your options, so you can make decisions that benefit both your business and your employees, while mitigating unnecessary risk.​

Combining Strategy, Transformation, Management and Optimisation, we identify and remove the obstacles to a successful outcome, before you even know they’re there.​

Step 1: Recap and review

Together we’ll examine the steps you’ve already taken in IT procurement and review the parameters for the architecture planning you’ll need in place going forward.

Step 2: Shape the
plan

Future planning for optimal performance, focusing on effective communication and collaboration, device lifecycle and configuration management and security.

Step 3: Identify your requirements

This is where we clearly identify the steps you need to have in place to develop your Strategic Technology Roadmap to create a Modern Dynamic Workplace. 

Step 4: Get the
report

You’ll receive a high-level report with our recommendations to accelerate your modern architecture, and the next steps for delivering your Strategic Technology Roadmap.

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