Budgeting is important to any company’s success, as it helps ensure that an organization's finances are allocated appropriately. Without proper budgeting, planning is futile and business objectives can become more difficult to achieve.

There are many business aspects that you should budget for, but one of the most important ones to consider is your IT.

What is IT budgeting?
IT budgeting is the process of allocating monetary resources to a business’s various IT projects and technologies.