Once upon a time, organizations created an annual plan that included budgeting and forecasting. Every quarter actual numbers were compared to plan and adjustments were made if needed. Stock prices rose and fell based on how well a company met its forecasts. Then, 2020 happened.
Suddenly, annual plans were useless. Sometimes, it was difficult to plan the next hour. There were workforce disruptions, supply chain failures, and technology limitations. To adapt, businesses needed real-time data to guide decisions. Unfortunately, many organizations were not equipped to deliver information quickly. They lacked the capabilities that tools such as power BI reporting provide.
Faced with another year of unpredictability, how should organizations prioritize their technology spend? What technologies are best suited to propel them forward, but allow them to pivot if the world changes? For many companies, choosing between on-premise, cloud-only, or a hybrid infrastructure is the primary financial decision for 2022.