Summary
As technology investments grow more complex, IT finance and FinOps teams are converging to improve financial discipline and support innovation. Nearly a third of finance-aligned business and tech pros reported overspending their IT budgets in 2024, prompting a shift toward dedicated IT Finance teams and widespread FinOps adoption. These teams are evolving into strategic partners, managing hybrid IT costs, collaborating across departments, and leveraging diverse tools to align spend with business priorities. This data overview highlights how organizations are modernizing IT finance through integrated practices, structures, and platforms.
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