Could ITAM and FinOps Be the Solution?
Posted: Thu Feb 13, 2025 3:54 am
IT leaders Need to Invest in AI –
Artificial intelligence is the top investment area for CIOs in 2024. IT leaders see in generative AI an opportunity to accelerate innovation, improve employee productivity, and gain competitive advantage. Unfortunately, investing in AI is not cheap. CIOs will need to find significant budget to make traction in their AI roadmap and we believe IT asset management (ITAM) and FinOps may help them find those dollars.
My company recently released its 2024 IT Priorities canada whatsapp number data Report, an annual polling of more than 800 global IT leaders to understand their priorities and challenges for the coming year. Given all the hype surrounding AI in 2023, it was no surprise that integrating AI into their business operations was listed as the top priority for IT leaders (35%) going into 2024, followed by reducing IT costs (28%) and reducing security risks (28%).
Between these three priorities, the unspoken challenge for CIOs becomes, how do you find the budget for competing initiatives?
This conundrum is mirrored in the delicate budget balance every CIO faces: Money is needed to run the business, grow the business, and secure the business. Budget for daily operations to run the business must be reduced to meet new demands for innovation to grow the business and dollars for growth must be balanced with the increasing budgetary needs tied to securing the business.
Artificial intelligence is the top investment area for CIOs in 2024. IT leaders see in generative AI an opportunity to accelerate innovation, improve employee productivity, and gain competitive advantage. Unfortunately, investing in AI is not cheap. CIOs will need to find significant budget to make traction in their AI roadmap and we believe IT asset management (ITAM) and FinOps may help them find those dollars.
My company recently released its 2024 IT Priorities canada whatsapp number data Report, an annual polling of more than 800 global IT leaders to understand their priorities and challenges for the coming year. Given all the hype surrounding AI in 2023, it was no surprise that integrating AI into their business operations was listed as the top priority for IT leaders (35%) going into 2024, followed by reducing IT costs (28%) and reducing security risks (28%).
Between these three priorities, the unspoken challenge for CIOs becomes, how do you find the budget for competing initiatives?
This conundrum is mirrored in the delicate budget balance every CIO faces: Money is needed to run the business, grow the business, and secure the business. Budget for daily operations to run the business must be reduced to meet new demands for innovation to grow the business and dollars for growth must be balanced with the increasing budgetary needs tied to securing the business.