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Tracy Mozena, the CIO of Atlantic Aviation, shared her experience in managing technology budgets in a recent conversation. Atlantic Aviation, a leading provider of aviation ground support services, has achieved significant financial benefits by effectively managing its technology expenditures. Tracy previously worked as an IT executive for a management company that owned five businesses. Her experience allowed her to make technology decisions that leveraged economies of scale. However, due to the impact of the COVID-19 pandemic, all of these companies were divested, with Atlantic Aviation being one of the last entities sold and acquired by KKR. Tracy transitioned to Atlantic Aviation as part of this transaction.

Technology expenditures can be costly for businesses. These expenses include categories such as Customer Relationship Management (CRM), cloud and data services, billing, software, network storage, business process outsourcing, telecommunications services, and data center technology. These costs represent a significant portion of a company’s expenses and can be targeted for reduction in order to achieve substantial savings.

Effective management of technology budgets can lead to financial benefits for organizations like Atlantic Aviation. By making smart decisions about technology spending, businesses can save money while still investing in the tools they need to succeed.

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