Does Technology Alignment Require a Large Budget to Achieve?

Not necessarily. While certain projects require investment, many aspects of alignment depend on planning, communication, and governance, not just money.
Low-cost/high-impact alignment practices:
Optimize Existing Tools: Train teams on features they aren’t using fully.
Improve Integration: Use APIs or middleware to connect platforms you already use.
Encourage Feedback: Understand pain points from users and make small adjustments.
Use Freemium Models: Many software solutions offer free plans that suit smaller teams.
Regular Planning Meetings: A few structured hours of joint planning between IT and business units can yield major alignment gains.
The cost of not aligning (through inefficiencies and lost opportunities) is usually far higher than the investment required to align.
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