Tech Budgets are Exploding — So Why Are You Managing Like It’s the ‘90s? | Podcast

Technology spending is at an all-time high, yet many organizations still manage IT budgets with outdated strategies. In this episode of Weaver: Beyond the Numbers, Morgan Page explains how tech has shifted from its role as an operational tool to a key business driver, requiring a new approach to IT budgeting. Businesses must rethink how they allocate funds, maximize efficiency and integrate digital transformation strategies into their financial planning.

Key Points:

• Tech budgets are growing, with a 9.3% global increase and 14% growth in software costs in 2025.
• IT is no longer just infrastructure — it’s an essential part of operations.
• Businesses must shift from passive IT management to proactive strategy.

The expansive evolution of tech sees it migrating from a simple availability resource to a strategic management tool that requires a human capital management strategy approach. The ongoing challenge is to efficiently leverage these costly tech resources to streamline operational functionalities, thus maximizing the return on investment (ROI).

As we transition from physical to digital ecosystems, businesses face the challenge of meeting the expectations of “digitally native” individuals who prefer digital interactions. This generational shift has led to an imbalance of investment as physical infrastructures continue to receive funding while the need for them is rapidly declining. “Technology is no longer just infrastructure — it’s an operational necessity. Managing IT like it’s the 90s will only hold your business back,” emphasized Morgan.

It’s imperative to reassess assets and align investments with this digital transformation. Splitting your tech budget to focus on core infrastructure aside from operational enhancements could reveal key insights for future investments. You might find that the significant increase in budget is driven by transactional replications, requiring you to ensure you’re maximizing the dollars spent there.

Subscribe and listen to future episodes of Weaver: Beyond the Numbers, on Apple Podcasts or Spotify.

©2025