Our systems detected an issue with your IP. If you think this is an error please submit your concerns via our contact form.

Cio icon

Cost-Reduction Planning for IT Vendors

IT-Vendor Cost-Reduction Planning

  • Unprecedented health and economic conditions are putting extreme pressure and controls on expense management.
  • IT needs to implement proactive measures to reduce costs with immediate results.
  • IT must sustain these reductions beyond the near term since no one knows how long the current conditions will last.

Our Advice

Critical Insight

  • Proactively initiating a “War on Waste” (WoW) to reduce the expenses and costs in areas that do not impact operational capabilities of IT is an easy way to reduce IT expenditures.
  • This is accomplished by following the principle “Stop Doing Stupid Stuff” (SDSS), which many organizations deemphasize or overlook during times of growth and prosperity.
  • Initiating a WoW and SDSS program with passion, creativity, and urgency will deliver short-term cost reductions.

Impact and Result

  • Pinpoint and implement tactical countermeasures and savings opportunities to reduce costs immediately (Reactive: <3 months).
  • Identify and deploy proven practices to capture and sustain expense reduction throughout the mid-term (Proactive: 3-12months).
  • Create a long-term strategy to improve flexibility, make changes more swiftly, and quickly generate cost-cutting opportunities (Strategic: >12 months).
  • Use Info-Tech’s 4 R’s Framework (Required, Removed, Rescheduled, and Reduced) and guiding principles to develop your cost-reduction roadmap.

Cost-Reduction Planning for IT Vendors Research & Tools

1. Start here – read the Storyboard

Read our concise Executive Brief to find out how you can reduce your IT cost in the short term while establishing a foundation for long-term sustainment of IT cost containment.


Member Testimonials

After each Info-Tech experience, we ask our members to quantify the real-time savings, monetary impact, and project improvements our research helped them achieve. See our top member experiences for this blueprint and what our clients have to say.

Client

Experience

Impact

$ Saved

Days Saved

HighTower

Guided Implementation

8/10

$60,319

2

Good general overview.

Highlands County Clerk of Courts

Guided Implementation

10/10

N/A

N/A

About Info-Tech

Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.

We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

What Is a Blueprint?

A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.

Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.

Talk to an Analyst

Our analyst calls are focused on helping our members use the research we produce, and our experts will guide you to successful project completion.

Book an Analyst Call on This Topic

You can start as early as tomorrow morning. Our analysts will explain the process during your first call.

Get Advice From a Subject Matter Expert

Each call will focus on explaining the material and helping you to plan your project, interpret and analyze the results of each project step, and set the direction for your next project step.

Unlock Sample Research

Authors

Steve Jeffery

Phil Bode

Visit our Exponential IT Research Center
Over 100 analysts waiting to take your call right now: 1-519-432-3550 x2019