I cannot optimise my technology spend!
“We do not have the right clarity, tools or strategy to optimise our technology estate”
Many organisations struggle to communicate the business context of technology spend to inform optimisation decisions. Technology spend is under constant pressure to reduce its budget, and technology leaders do not have the methodologies or tooling to enable these goals.
We have supported dozens of customers through this challenging journey (see video right for some examples) and we have deep experience of creating the right solution for organisations of any size and type.
Technology and business consumers are not aligned on the detail behind optimisation decisions and often rely on different supporting datasets. ITFM best practices such as Technology Business Management are changing the conversation.
Current processes and tools, while familiar and predictable, are not fit-for-purpose when aligning with industry best-practice.
Align all IT investments to business objectives and priorities
Identify opportunities for cost optimization and/or redirect spend
Influence business consumption and drive shared accountability
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Shown above; detailed consumption analytics across Labor and Project pillars.
Articulating cost consumption across key pillars such as vendors, cloud, labor, projects and assets allows a focus to be brought to cost reduction.
Outliers can be identified for optimisation opportunities. Run rate can be driven down and technical debt minimised to liberate innovation spend.
Improving technology cost transparency is a key enabler for evolving your services portfolio, aligning costs with business priorities and institutionalizing ITFM.
Shown above; detailed insights are available down to vendor level and spend type.
It’s Value’s fully-managed ITFM solution combines industry-leading tooling with decades of proven ITFM experience to deliver an unparalleled service.
Value can be realised from as little as €40,000 and in as little as 30 days* from the start of implementation
- Financial Data:
- Chart of Accounts, GL, Budget, Forecast
- Contracts
- Reference Data:
- Labor, Vendor, Project lists
- Application, Service, or Product lists
- Organization lists
- Automated processes to scale and optimize faster
- Proprietary Machine-Learning auto-classification
- Prescriptive cost allocations
- OOB Reports with actionable insights
- Automated system continuously reducing effort and errors
- Informed decisions within 30 days – and ongoing
- Rapidly allocate spend to BUs
- Identify cost savings and optimization opportunities
- Showback of costs and services delivered
- Prioritize funding from run to change/grow
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