3 Ways CIOs Can Lead Enterprise Cost Optimization
CIODIVE, Tuesday, March 19th, 2024
Companies are cautiously optimistic about the economy but still focused on controlling spending throughout the enterprise, Boston Consulting Group found.
As last year's economic pall lifted, enterprises loosened budget constraints - just a bit.
Executives were more optimistic heading into 2024 but still wary, according to a Boston Consulting Group survey of more than 600 global business leaders. Even with elevated hopes, companies remained eager to expand on cost optimization gains, particularly in spending-intensive areas like cloud, where data hungry generative AI capabilities are likely to drive heavier usage.