Managing a portfolio of IT investments and IT Budgets the right way

Microsolve - IT Budgets and IT Investment Portfolio Management

It was a great pleasure to attend the Aged and Community Services (NSW & ACT) IT forum recently and I was delighted to be invited to speak.

Presentation Overview

My topic was “Managing a Portfolio of IT Investments” and was based on the work of Professor Peter Weill.

Investing in IT is a challenging endeavor and this presentation points out a number of key consideration to look for.  Additionally, I explore a several techniques to move IT budgeting from a tactical chore to a strategic lever that have served me well over the years.

The presentation slide deck is made available for viewing to assist all Organisations in maximising the collective understanding of the integral relationship between a strong IT budget process and Organisational strategic success.

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Service Background

Microsolve have worked extensively within the Aged and Community Care industry sector over the past 20 years.  Our team have experience in understanding and delivering across the portfolio of IT and business transformational services required in successful organisations.

This portfolio of services includes:

Virtual Chief Information Officer (vCIO): offers strategic oversight and guidance, ensuring that IT investments align with the company's long-term goals. By acting as a trusted advisor, the vCIO helps organizations navigate complex IT landscapes and make informed decisions.

Managed IT services: offer a reliable solution for maintaining and optimizing IT infrastructure. These services provide ongoing support and proactive management, allowing companies to focus on their core operations. Managed services delivered from our Wollongong central hub ensures that businesses have access to the latest technologies and expert support, reducing downtime and improving carer productivity.

Digital transformation: is a key driver of IT investment. By embracing digital technologies, businesses can improve efficiency, enhance customer experiences, and stay competitive in a rapidly evolving market. Investing in digital transformation initiatives allows companies to streamline processes, reduce costs, and create new revenue streams.

Cloud Migration: By moving applications and infrastructure to the cloud, businesses can achieve greater flexibility and agility in managing their IT portfolio. This shift allows for more efficient resource allocation, as cloud services can be scaled up or down based on demand, reducing unnecessary costs associated with maintaining underutilized on-premises infrastructure.

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