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The Growing Value of IT Investments

April 2, 2024 | 2 minute read
Proven Optics

Written by:
Proven Optics

Communicating the critical nature of IT investments

The importance of IT is only increasing. When we engage in conversations with senior leadership, we hear a resounding prediction—future IT spending is set to surpass current expenditures, and it’s going to continue to drive business performance and innovation. Gartner recorded this prediction and forecasted an increase in IT spending of 7.3% in 2023, and a 10.4% increase in 2024. i 

Chances are, you’re not harnessing the full value of your IT assets. 

You have the tech—laptops, desktops, phone systems, you name it—scattered across your organization. You’ve invested in top-tier infrastructure solutions. But are you connecting the dots between money spent and value delivered? 

There is no way around the inextricable link between an organization’s ability to deliver IT and its capacity to achieve desired results. Today, technology isn’t just an enabler; it’s a critical driver for business success, efficiency, and growth. It’s paramount for businesses to have full transparency into the impact of their IT investments, and how they contribute to their bottom line and strategic objectives. 

 Finance leaders must shift their focus from mere acquisition to strategic utilization. 

Your business wants to know where all the money they’re giving you is going. But how can you make them understand the value of the technology you’re investing in? 

Proven Optics is empowering businesses to decipher how their IT investments drive real value within their organization. Once you have a clear picture of what your investments are and how they contribute to the business, you can harness the full value of those assets. 

We give you the tools to see the full scope of your IT financials, we show you how to tell the value story, empowering you to maximize your investments  

We don’t just talk about it; we deliver on this commitment by showcasing the tangible business value through our applications, natively built on ServiceNow. 

Our applications help link technology costs with business value. They offer a comprehensive, data-driven view of your IT landscape, enabling you to make informed decisions, optimize your investments, and drive efficiency across the board. 

Start exploring our award-winning applications today.  

Gartner. (2023, October 18). Gartner Forecasts Worldwide IT Spending to Grow 8% in 2024. Gartner. Retrieved April 2, 2024, from https://www.gartner.com/en/newsroom/press-releases/2023-10-18-gartner-forecasts-worldwide-it-spending-to-grow-8-percent-in-2024