Atlantic Aviation, a leader in aviation ground support services, is a compelling case study for the financial benefits that organizations can achieve by effectively managing technology budgets. Tracy Mozena, the CIO of Atlantic Aviation, shared her experience in navigating technology budgets during a recent conversation.
Tracy previously ran IT for a management company that owned five businesses, allowing 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.
Tech and tech-adjacent expenditures can add up quickly for businesses. These costs include categories like Customer Relationship Management (CRM), cloud and data services, billing, software, network storage, business process outsourcing, telecommunications services, and data center technology. These expenses represent a significant portion of a company’s expenses and are often targeted for reduction in order to achieve substantial savings.