{"id":4373588,"date":"2022-11-16T18:18:58","date_gmt":"2022-11-16T16:18:58","guid":{"rendered":"https:\/\/www.deptagency.com\/insight\/a-ctos-guide-to-maximising-the-value-of-tech-investments-during-economic-downturns\/"},"modified":"2025-12-08T13:39:08","modified_gmt":"2025-12-08T11:39:08","slug":"a-ctos-guide-to-maximising-the-value-of-tech-investments-during-economic-downturns","status":"publish","type":"article","link":"https:\/\/www.deptagency.com\/en-in\/insight\/a-ctos-guide-to-maximising-the-value-of-tech-investments-during-economic-downturns\/","title":{"rendered":"A CTO’s guide to maximising the value of tech investments"},"content":{"rendered":"
\n\t\n\t<\/svg>\n\t\t\t\n\t\t\tBack to all articles\t\t<\/span>\n\t\n<\/button>\n\t\tA CTO’s guide to maximising the value of tech investments\t<\/h1>\n\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t<\/picture>\n\t\n\t<\/div>
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\n\t\tJonathan Whiteside\t\t
\n\t\tGlobal EVP Technology\n\t\t\t<\/div>\n<\/div>\n\t
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\n\t\t\t\t\t16 November 2022\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n<\/div>\n\n
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\n\t\tWhile the immediate threat of the COVID-19 pandemic is over, it has left multiple economies in heavy debt. And subsequent global issues, such as Russia\u2019s invasion of Ukraine, have resulted in a downturn of the global economy. In a July update, the World Economic Outlook<\/a> predicted global growth to slow from 6.1% last year to 3.2% in 2022, and 2.9% in 2023.\u00a0

With inflation reaching record levels, significant energy price increases and the rising cost of household items, consumers across the world face a cost of living crisis. And with a less than temporary reduction in household spending power, businesses can soon expect to see the impact on their bottom line.\u00a0

We know from experience that in periods of economic uncertainty, digital projects are often canned or stalled. But during times of crisis, the opportunity for businesses to increase the efficiency and effectiveness of budgets – as well as the overall value of their technology investments – is actually huge.\u00a0

We\u2019ve outlined two of the best, easiest and efficient ways to do this, as well as the steps to take to get these types of projects over the line.\t<\/p><\/div><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\n\t