CIO OPINION
Today ’ s business and IT leaders have more choices than ever about how to implement their infrastructure strategy .
Terry Storrar , Managing Director , Leaseweb UK
Harnessing infrastructure innovation : Driving cost savings without compromising competitiveness
Terry Storrar , Managing Director , Leaseweb UK , discusses why optimising IT infrastructure costs should be a top priority for the whole C-suite this year and how it can unlock new levels of operational effectiveness and help businesses thrive through challenging economic times .
Organisations everywhere are currently under significant cost pressure , presenting a major challenge to business leaders as they look to deliver savings while also maximising digitally led competitiveness . organisations scramble to deliver on their potential . Somewhat ironically , many business leaders clearly feel they simply can ’ t afford to restrict investment in tech-led innovation , even when key economic indicators suggest they should keep spending under tight control .
Despite the concerns presented by high inflation and energy costs , however , IT spending this year remains on a growth trajectory . According to a recent forecast from Gartner , for example , worldwide IT spending will grow by 5.5 % this year to over US $ 4.5 trillion , with the software niche among the best-performing sectors of the industry with double-digit growth .
While the global reliance on technology infrastructure is key to driving this impressive growth , at the same time major developments such as Generative AI are seeing
A question of mindset
With these challenges in mind , where do the opportunities for tech-led efficiencies lie ? For many organisations , the specifics about how and where to find IT-related efficiencies are matters for IT leaders and their teams . To ensure effective and joined-up decision-making , however , it ’ s important that C-level executives take time to engage with and understand the investment opportunities and challenges their specialist colleagues face .
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