Issue #3: Developing IT funding models that sustain core service, support innovation and facilitate growth
For me, this is the big one. The super big one.
Suddenly (aka #suddenlynotsuddenly) we wake up and the entire need has flip-flopped, but the model is as stoic as a rock.
Suddenly we might need less capital. (Notice I simply said less.)
We thought it was tough to fighting for a large chunk of capital. Try fighting for increased operational.
- Technology speed outpaces the speed of modeling.
- We want to build less, and cloud more. Operational.
- We want to have hosted so less maintenance. Operational.
- I want my VDI in the cloud becomes less to own/maintain and 24/7 support. Operational.
- Universities need to focus on efficiencies. 9 times out of 10 the smartest choice is the hosted solution. Operational.
- Small hosted modules are more agile and responsive than large blocks of in-house software require in-house supported hardware. Operational.
- We need more bandwidth. Operational.
- We need more wireless coverage for our students on campus. Operational.
- We need more storage for streaming video. In fact, we need a comprehensive storage solution and we don't want to build it on campus. Operational.
- Our business school wants to be able to communicate via video on a significant basis. It's part of their curriculum. Operational.
In finance where budgeting and predictive analytics means, almost literally, the world, how can we be predictive at this pace of technology change? How can we budget when needs and requests continue to comprehensively change? We stick with the model, we stand still technology-wise because you can't fake innovation.
And all the while we still need capital dollars. The 'computer refreshes' of yesterday are the 'storage needs' and 'infrastructure refreshes' of today.
I'm not sure who's going to solve this riddle, but someone (or many someones) need to band together and identify needs first, then culminate a smart approach to address this. Is 'financial innovation' a phrase? If not, it needs to be pretty quick. Higher education has often been viewed in the past as a bit behind 'the corporate world'. We've made some significant headway while corporations have been tied up in legal red-tape over the cloud technologies and security breaches. Once they get that mess untangled, they'll be moving full-steam ahead and I'm thinking their funding models might be a little more agile than higher ed's. As a competitive person, I want US to get ahead of this. First. And with a quickness.