Do you evaluate your IT budget quarterly, annually or other?
Quarterly59%
Annually39%
Other (comment below)1%
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VP of Global IT and Cybersecurity in Manufacturing6 years ago
Have clear business requirements up front, make sure the proposal includes items such as scope, timeline, cost, resources. TCO19%
Pricing26%
Integrations21%
Alignment with Cloud Provider7%
Security10%
Alignment with Existing IT Skills4%
Product / Feature Set7%
Vendor Relationship / Reputation
Other (comment)
Director IT | CTO Office | Digital Factory / Industry 4.0 in Hardware2 years ago
I don't think rising costs will make people migrate back to on-prem because they're too invested. If you're already in the cloud, you would have to bring everything down and set up an on-prem environment, which ...read more2 Replies
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Senior Director, Technology Solutions and Analytics in Telecommunication3 years ago
Palantir Foundry3
Of course, this approach will only work for some types of organisations and depends on the organisation's size.
Additionally:
- More frequent reviews might be necessary if your industry/company is rapidly changing.
- Long-term, capital-heavy projects benefit from annual planning.
- Agile, tech-focused projects need more frequent revisions.