Maintaining digital transformation momentum is challenging when IT budgets are shrinking. Yet, businesses need help to afford to call it quits altogether, says Mark Angle of OneStream Software. The last few years of economic, geopolitical, and societal uncertainty have prompted leaders to make prudent decisions and focus on investing in business essentials. For IT and technology professionals, maximizing existing investments has been at the top of their list – and with a spike in cloud investment of 43.4% since 2021 , the cloud is no different. Maintaining digital transformation momentum is a challenge when IT budgets are shrinking, yet businesses need help to call it quits altogether. The widespread adoption of cloud solutions is deeply ingrained in the modern enterprise and drives digital transformation journeys. According to a recent report , cloud-based planning and reporting solutions remain the most used data analysis tool (91%). However, the same report found that 59% of organizations see continued inflation and economic disruption as the top threat to business. A majority of leaders agreed a potential economic recession would last until 2024. The current economic landscape is at odds with continued digital transformation and cloud technology investments. To ensure the success of existing […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
