Published Jan 8, 2024
Boost your tech’s ROI: Strategies for staying competitive with tighter budgets and fewer resources
- 80% of IT leaders adjusted their strategies last year due to economic uncertainty.
- Top IT challenges: SaaS sprawl, digital transformation, and talent shortages.
- A modern iPaaS can help you solve these challenges.
Navigating economic uncertainty can be daunting for any business leader, but for tech leaders, modernizing while cutting costs poses an even greater challenge. Amidst budgetary constraints and dwindling resources, you’ll need to be more resourceful than ever to maintain a competitive edge.
The economic uncertainty of the past year prompted 80% of IT leaders to adjust their strategies according to a report by Help Net Security. If you’re ready to rethink your plans and pivot like other industry leaders, you’ll need reliable strategies to maximize ROI and address common IT challenges.
Let’s unpack these top priority issues and how to overcome them with a modern iPaaS (Integration Platform as a Service).
Top 3 tech hurdles
As a modern IT leader, you face a variety of challenges from SaaS sprawl to talent shortages. These issues are amplified in times of economic uncertainty. To come out on top, you’ll need to address these three challenges.
- SaaS sprawl and decentralized IT: Disparate systems and data silos have become a common occurrence in many businesses. In fact, a 2023 Salesforce survey found that only about 29% of the approximately 1,000 SaaS apps used by the average company are integrated into the organization’s core systems. This inefficiency wastes your precious time and resources, impacting performance.
- Ongoing digital transformation initiatives: Digital transformation continues to be a priority for most IT leaders, despite tightening budgets. The problem is only about 30% of digital transformation projects succeed. This is often because companies go too big, too fast. During times of economic uncertainty, you can’t afford for these initiatives to fail.
- Talent shortages: Experienced developers are in high demand, and according to Gartner, 26% of CEOs cited talent shortages as the most damaging risk to their organization. This scarcity is expected to raise compensation–meaning you have to make the most of your resources. Wasting time on manual processes isn’t an option.
Your solution: iPaaS
Stop losing sleep over these problems and solve them with a modern iPaaS. While a traditional iPaaS maximizes the productivity of technical resources, a modern iPaaS enhances the productivity of everyone in the organization.
With an iPaaS, you can connect all of your applications in one place. This eliminates the need for additional user licenses just for the sake of visibility and automates the flow of data between systems.
Discover how Amigo Mobility achieved 10x ROI by implementing Celigo’s iPaaS.
The key to successful digital transformation is first building a strong foundation. You can start by automating your inefficient and redundant processes, streamlining maintenance-related tasks, and mitigating the risk of managing disparate tools with an iPaaS. Then, when you’re ready to tackle increasingly complex digital transformation initiatives, you have a scalable solution that will grow with you.
A modern iPaaS can also help you make the most of your current talent. With a platform that is built for both business and technical users, you can democratize integration-related tasks and reduce dependency on developers. This frees up their time to focus on more strategic tasks.
Charting a course for the future
During trying economic times, you can find a lifeline in a modern iPaaS. By integrating your tech stack, propelling digital transformation, and better utilizing your resources, you can successfully steer your business through the choppy economic waters.
Find out why the Celigo platform is the ideal modern iPaaS for IT leaders who want the flexibility and built-in expertise to reduce the risk of economic uncertainty.
