In today’s fast-paced business world, managing technology budgets can be a daunting task. Tech and tech-adjacent expenses can quickly add up, leaving companies with significant costs that represent a large portion of their overall expenses. As such, it’s no surprise that businesses are constantly looking for ways to reduce these costs and achieve substantial savings.
Recently, I spoke with Tracy Mozena, the CIO of Atlantic Aviation, to learn more about her experience navigating technology budgets. Atlantic Aviation is a leading aviation ground support services company that has seen tremendous financial benefits from effectively managing their technology budgets. Tracy’s background in IT management allows her to make informed decisions that leverage economies of scale to reduce costs and increase efficiency.
Prior to joining Atlantic Aviation, Tracy ran IT for a management company that owned five businesses. This experience allowed her to make technology decisions that benefited multiple organizations at once, resulting in significant cost savings. 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 and has since continued to implement cost-effective solutions that have had a positive impact on the company’s bottom line.
Tracy’s experience highlights the importance of effective budgeting when it comes to technology expenditures. By making informed decisions and leveraging economies of scale, companies can achieve significant financial benefits while reducing their overall expenses.