Best Practice Report

Architecting Agile Technology Budgets

January 1st, 2018
With contributors:
Matthew Guarini , Audrey Hecht

Summary

As part of your future fit tech strategy, tech budgeting needs to move beyond the old division of funding for new projects to create new technology capabilities and tech MOOSE spending to run and operate existing technology. Forrester sees the need for three new types of tech budget categories: 1) outcome-oriented project funds, 2) innovation funds, and 3) application refresh funds. We explore how firms need to operate with three new tech budget categories that will help them become more adaptive, creative, and resilient.

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Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.