2024 Technology, Media and Telecommunications Finance Priorities

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TMT Finance Leaders’ Top Priorities Continue to Evolve as Focus Shifts to Cost Optimisation and AI’s Multifaceted Capabilities

Protiviti’s latest survey of finance leaders at technology, media and telecommunications (TMT) companies shows a growing emphasis on cost optimisation, digital transformation and leadership alignment. The survey also reveals a complex landscape of shifting priorities in which finance departments leverage cloud-based applications and artificial intelligence (AI) to save costs, manage risks and opportunities, and meet regulatory requirements.

Along with traditional scorekeeping functions, TMT finance leaders are being asked to provide real-time data analytics and strategic insights, as well as lead change and transformation efforts, to help their organisations improve margins and gain a competitive edge. Additionally, many are tackling their expanded responsibilities while juggling workforce- and talent-related challenges and budgetary limitations within their departments.

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