IT budgets on rise: CFOs shifting their mindsets from cost to technology

Defending the IT budget from constant attack in the form of cost reduction targets is something many CIOs struggle with. The common belief is that most CFOs are only interested in cost reduction and will prefer this over cost certainty. In an interview with Firstpost, Gartner Research Director Sanil Solanki talks about some of the  CFO myths w.r.t. IT budgeting. He explains the relationship between CIOs and CFOs in the Indian business scenario; and shares tips for CIOs on how they can plan an effective IT budget and justify the budget.