Title: Forecasting IT Financial Planning Trends and Analyzing Impacts on Industry Standards.
Authors: David Iyanuoluwa Ajiga, Oladimeji Hamza, Adeoluwa Eweje, Eseoghene Kokogho, Princess Eloho Odio
Volume: 9
Issue: 3
Pages: 133-141
Publication Date: 2025/03/28
Abstract:
This paper explores the emerging trends and future forecasting in IT financial planning, focusing on their impact on industry standards and strategic approaches for organizations. With the rise of cloud computing, AI, and advanced data analytics, IT financial planning has become more dynamic, requiring businesses to adapt to flexible budgeting, cost optimization, and resource allocation strategies. The paper examines how these trends reshape industry benchmarks, compliance requirements, and financial governance. It also discusses the role of predictive models in forecasting financial outcomes and highlights strategic recommendations for organizations to align their financial planning with future trends. By adopting best practices in flexibility, resilience, and regulatory alignment, organizations can effectively navigate the evolving landscape of IT financial planning.