Tech spend

Are You Getting the Most from Your Technology Spend?

January 13, 20251 min read

For many companies, technology spend is a big-ticket item—but is it delivering what you hoped for?

Each department has its own ideas about the tools they need to achieve their goals. Vendors promise transformative results, but when the investments pile up, do you see the ROI you expected?

Sometimes, yes. Other times, disjointed technologies create more problems than they solve.

👉 The bigger issue? Many businesses don’t even have a full inventory of their technology stack. Without clarity on what’s being used, tracking spending and measuring returns becomes nearly impossible.

So, what’s the answer? Start with clarity. Ask yourself:
✅ What tools are we using today?
✅ How do they align with our corporate goals?
✅ Are our business processes documented and supported by technology?
✅ Do we have a clear definition of ROI?\

Collaboration is key. A strong partnership between the CIO and other executives ensures technology investments address pain points and provide scalable, sustainable solutions.

But here’s a common pitfall: Many companies get seduced by technology’s promises, only to be disappointed after implementation. The real issue isn’t the tool or even the implementer—it’s often a lack of clarity around goals, processes, and requirements.

The good news? It’s fixable. Start by cleaning up your house:
🔹 Identify opportunities to streamline your technology landscape.
🔹 Simplify processes before introducing new tools.
🔹 Focus on use cases where AI or other technologies can have a meaningful impact.

AI is powerful, but it’s not a magic bullet. Like any tool, its success depends on the foundation you build. Remember: “Garbage in, garbage out.”

Let your business vision guide your technology—not the other way around.

💡 Ready to take control of your tech investments? Let us Help! AI Spend 

Tech Spend

Rich is a seasoned business executive adept at merging business strategy with technological innovation. With a background in business consulting, startups, and product development, he understands how technology drives sustainable growth. His experience across various industries allows him to effectively integrate business insights and problem-solving skills. Rich has led strategic re-engineering efforts to reduce costs, optimize services, and establish robust governance at companies like Salesforce, Dell Technologies, and Accenture. He excels in streamlining operations and leveraging processes, people, technology, and culture to propel growth.

Rich Nazzaro

Rich is a seasoned business executive adept at merging business strategy with technological innovation. With a background in business consulting, startups, and product development, he understands how technology drives sustainable growth. His experience across various industries allows him to effectively integrate business insights and problem-solving skills. Rich has led strategic re-engineering efforts to reduce costs, optimize services, and establish robust governance at companies like Salesforce, Dell Technologies, and Accenture. He excels in streamlining operations and leveraging processes, people, technology, and culture to propel growth.

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