BizSugar.com › Finance › How to Transition Your IT Expenditures from Capital Expenses to Operational Expenses

There has been a longstanding tradition in IT departments to own their own technology. Self-hosting gives companies complete control in data center operations, which can be appealing to some. However, the economy and technology are changing, making many companies rethink their capital and operational expenses. Technology is evolving so rapidly that capital projects are often in danger of being outdated before they are even implemented, which is why CFOs are eager to shift more of their IT costs from a capex budget to an opex budget.