Nope, it's bullshit complexity gas that expands to the container that contains it (whatever budget that they can convince people to spend driven by however large an administration the leadership can get away with to justify their salary).
People drink the KoolAid and here we are. This is just the middle management disease that takes over everything unless people are very careful.
An organization that houses, feeds, provides community medical care, and hundreds of other services like a private university like WUSTL needs a centralized system for procurement, human resource management, integrating different business units, etc would of course be extremely complex.
Just because YOU don't understand the complexities behind managing an organization with 22k employees and 16k dependents doesn't mean it's any less important.
This is the equivalent of a CFO saying spending on data redundancy is an unnecessary cost because it is a waste of opex - to translate to you as a DevOps wonk.