With ICT consumption costs skyrocketing – in no small part due to higher resource costs as cloud providers ramp up storage and computing for AI and automation services – many IBRS clients are seeking ways to reduce costs. In many organisations, ICT budgets cannot meet the demand for more consumption-based services. Dr Sweeney recently presented to 50 CFOs from major corporations on the need to rethink how they plan budgets and fund ICT in the age of AI and hyper-automation. He detailed an alternative financial model to the classic ‘ROI’ and ‘business case’ based on the concept of ‘innovation dividends’. Discussing this alternative final operating model would be worthwhile if you are looking for ways to fund new services that materially benefit your organisation.
Watch the webinar and download your presentation kit to delve into the hidden costs associated with ICT consumption and examine why consumption-based IT spending often leads to unexpected cost overruns.