Saving money to spend it on new, growth driving projects:
“The survey findings highlight how cost optimization has become a business-focused, continuous discipline that drives spending and cost reduction, while maximizing business value (see Figure 1),” said Stewart Buchanan, research vice president at Gartner. “It’s not enough to simply reduce IT spending; CIOs must reinvest in growth and transformation to deliver more value. Those who fail to engage in optimization risk having savings decisions imposed on them by an advisory organization with less understanding of IT or digital technology opportunities.”
See the chart as well.
Original source: Gartner Survey Reveals Business Value or Benefits Realization Is the Leading IT Cost-Optimization Priority for CIOs