10 ways inflation will impact IT

As CIO of an organization with a global reach, Bob Johnson keeps careful watch on the world’s economic situation. “Whenever there is an ill wind anywhere in the world, it affects us,” says Johnson, CIO of The American University of Paris. It’s not surprising then that he’s already feeling the impact of inflation: With costs going up, Johnson says he’s concerned his IT budget won’t cover all the work it was meant to fund. Euros just don’t go as far as they once did, he says. Neither do dollars. That dynamic has Johnson adjusting plans, looking for areas he can consolidate and standardize to create efficiencies so savings can help fund the transformative initiatives the university still wants to pursue. “I’m going to have to be a lot more creative and think of ways to make my resources go a lot further,” he adds.