As organizations of all sizes across all industries continue their digital transformation journey, it’s important for IT spend expectations to evolve. According to the Flexera 2022 Tech Spend Pulse, 70 percent or more of respondents expect their IT budgets to increase in the coming year.
However, as budgets increase, the challenges associated with visibility and tracking of IT spend and the reporting of that spend also increase. The top two challenges cited by respondents in the Tech Spend Pulse survey were visibility of all spend data and visibility of all technology, including on-premises, SaaS and cloud.
Lack of visibility is one of many areas in which ITAM practices can provide invaluable assistance improving IT spend tracking and reporting practices in organizations of all sizes. By creating new or enhancing existing ITAM processes, organizations can expand both their understanding of their IT spend, as well as identify areas in which it can be reduced and optimized.
Join Flexera’s Director of Product Marketing, Kevin Miller, and Senior Director of Cloud Market Strategy, Brian Adler, and our own Rich Gibbons, July 14, 10:00 a.m. CST, to learn how evolving and enhancing your ITAM practice can set your organization on a path toward better understanding of your IT spend, and the forecasting, budgeting, tracking and reporting benefits that follow. Learn about:
View Flexera’s Tech Spend Pulse.