Published on September 13, 2024
IT Budgets don't need to be complicated. However, for them to be reasonably accurate, you need to have a detailed account of current costs and a rough idea of the company's future state and upcoming projects. Pulling an IT Budget out of thin air or simply taking an arbitrary percentage of revenue without considering the finer details of what accounts for an IT budget can leave your business strapped and unprepared for inevitable IT emergencies. Hardware failures and standard operating costs aren't the only things you need to plan for.2 users found this helpful