Best Practice Report

Where To Adjust Tech Budgets In The Pandemic Recession

Our Checklist For Where Companies With Different Degrees Of Stress Should Look For Tech Savings And Investment Opportunities

May 19th, 2020
Bobby Cameron, Vice President, Principal Analyst
Bobby Cameron Vice President, Principal Analyst
Andrew Bartels, null
Andrew Bartels
With contributors:
Pascal Matzke , Dan Bieler , Gordon Barnett , Allen Bonde , Audrey Hecht

Summary

The pandemic recession will put more strain on tech budgets than ever before. CIOs and their business partners will be expected to make bigger cuts to tech budgets than they have ever faced in the past. But not all firms face the same dire prospects. While some will struggle for survival, others will face the challenge of cutting in some areas but preserving or expanding in others. And some will have the financial resources and/or increased demand to expand tech budgets. To help companies in each of these situations, this report describes strategies for where and how much to cut (or expand) every part of your tech budget.

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