In the ever-shifting landscape of 2025, enterprise IT leaders and CFOs find themselves at a critical juncture. Market uncertainties are swirling like a storm on the horizon—think tariffs, geopolitical tensions, and economic forecasts that sound more like a Magic 8-Ball prediction than a solid plan. A recent CNBC survey from March 25, 2025, revealed that a whopping 95% of CFOs are feeling the heat of policy uncertainty, with many predicting a recession before the year’s end. Meanwhile, the U.S. stock market is teetering on the edge, as Forbes warned on March 1, 2025, citing multiple risk factors that could send investors running for cover. ...
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Preface Thank you for joining us to learn more about the Top 5 Digital Transformation strategies you can use to unlock prosperity in 2024. Nearly all clients are seeking greater prosperity in 2024. While the demands of the business are increasingly focused on innovation, automation, and organizational performance improvement, client organizations are still focused on cost reductions to meet the new economic and market realities. We foresee a volatile and unpredictable business landscape predicated on geopolitical tensions, economic uncertainty, and continued supply chain disruptions as client organizations continue to diversify their ...
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At the forefront of a global recession, where business forecasts are softening, but input costs continue to increase, clients are thinking about ways they can lower the burden without damaging their businesses and are turning again towards IT cost reductions as the preferred strategy as cost savings often come with no diminution of business value. Read our recent article, “The #1 Thing CEOs Can Do to Prepare for the Global Recession” for more context. Increasingly, in the pursuit of IT Cost Savings, clients are looking for professional assistance to figure out how best to help them save. Our industry sub-segment of IT Cost Reduction ...
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In 2020, the world economy shrank by 4.3%. During this time, many organizations were in ‘emergency’ spending mode to enable their enterprises with ‘Work from Anywhere (WFA)’ features for remote access and edge computing which, in many cases, resulted in sub-optimized purchasing that has only worsened over time as costs continue to rise and business forecasts continue to slow. See our previous blogs on this topic: Like a Bad Hangover, Did You Wake Up in 2022 Budgeting Season and Wonder Where Your Money was Spent? Is ‘Overspend’ Culture Impeding Your Digital Transformation Just as the global economy seemed to be bouncing back from the negative ...
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