Tech Investment Priorities for MSEs to Be Discussed at Gartner IT Symposium/Xpo, October 17-20 in Orlando, Florida
Security and risk management, application and integration strategies, and infrastructure and operations are the top three technology priorities for“MSEs are shifting investments and even increasing budgets to fund their top technology priorities,” said, VP Analyst at Gartner.
The Gartner survey was conducted from March through April 2022 among 134 MSE CIOs and IT leaders. Respondents were asked to identify current active IT projects, which correlated with their top technology priorities .Inflation to Impact MSE Budgets in 2023and a potential economic recession. Due to the size and scale of their operations, MSEs are often the first to feel the effects of inflation and are most susceptible to long-term negative impacts.
“Historically, the response to economic uncertainty has been to cut costs as opposed to championing new or additional investment,” said Cisek. “Yet within a typical MSE, IT spending accounts for 4.7% of total revenue on average, leaving little room for cost optimization efforts., digital investments must align to business priority and support finance’s cash-flow strategies.
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