IT Cost Optimization Research Center
Improve your IT cost-to-value ratio while building a mature and sustainable cost optimization practice.
Talk to an AnalystIT cost optimization is about more than cutting costs.
It's about sustainably improving your IT cost-to-value ratio. When planning your IT cost optimization journey:
- Understand your organization's current economic and operating context to know if you should prioritize actions that bring near-term gains or those that enable long-term opportunities.
- Identify asset, vendor, project, and workforce initiatives that will bring you to your desired destination.
- Lay these objectives out in a visual roadmap to share with stakeholders before setting out down your chosen path.
IT Cost Analysis & Optimization Workshop
Let us help you along your IT cost-optimization journey. First, use Info-Tech's IT Spend & Staffing Benchmarking Service to transparently map your IT expenditure. Then, use this information as a platform for making an informed deep dive into your organization's unique IT cost-optimization challenges and opportunities.
Understand Your Mandate & Objectives
- Explore the organization's goals, operating context, and the impact on IT's mandate.
- Analyze the results of your IT Spend & Staffing Benchmarking Report.
- Identify the constraints, principles, and goals that will define your journey.
Outline Initiatives for Assets & Vendors
- Identify potential asset and vendor IT cost optimization initiatives.
- Assess each initiative according to its scope, business impact, and risks.
- Create a long-list of potential asset and vendor initiatives.
Outline Initiatives for Projects & Workforce
- Identify potential project and workforce IT cost optimization initiatives.
- Assess each initiative according to its scope, business impact, and risks.
- Create a long-list of potential project and workforce initiatives.
Develop an IT Cost Optimization Roadmap
- Assess each potential IT cost optimization initiative's feasibility and alignment with IT's mandate.
- Develop a prioritized shortlist of initiatives.
- Develop a visual IT cost optimization roadmap.
Communicate & Execute
- Draft a plan for communicating IT's cost optimization roadmap with stakeholders.
- Create an executive presentation of your roadmap for delivery, review, and approval.
Leverage These IT Cost Optimization Resources
Big Picture Resources
Take an overarching view of where IT can gain cost efficiencies and generate business value.
Asset Cost Optimization
Upgrade, extend, delay, consolidate, eliminate, or make better use of hardware and software assets.
Vendor Cost Optimization
Renegotiate, suspend, or cancel current and pending contracts.
Project Cost Optimization
Resize, rescope, postpone, or cancel existing or new projects, and streamline your project portfolio management processes.
Workforce Cost Optimization
Identify optimal staffing and capacity levels, team designs, required capabilities, training and automation opportunities, and other ancillary costs.