Identifying Opportunities to Reduce TCO with Cost Savings Analysis and Optimization Self-Assessment ToolsPosted By: Yung Chou Current economic downturn confronts us with a tremendous impact and unfavorable trend on worldwide IT budget and spending as shown on the chart and discussed in Simple Savvy Savings - 9 ideas to make anyone a Cost Cutting Hero by Tom Pisello, CEO, Alinean, Inc. More than ever companies are now looking for every opportunity to further cut costs and maintain competitiveness during these times of global economic instability. Nevertheless, the adversity also presents a very opportunity for us to accelerate and transform IT into a more mature, better managed, and highly optimized settings. Optimization is more than just delivering more with less. It is about managing complexities. It's about capabilities, responsiveness, and enablement. Defined optimization models and recommendations, and findings of average annual IT labor costs per PC, per year substantiate the claim of transforming IT from a cost-center burden into a strategic asset. (Reference: pages 8, 11, and 17 of this report, Taking the Lead: Gaining a Competitive Advantage Through Infrastructure and Platform Optimization) And in addition to the methodology and case studies, there are tools are to help us get started the transformation. This cost savings analysis tool examines IT infrastructure and platform to identify cost savings opportunities focusing on:
The tool generates a report with specific project recommendations that can be implemented to generate high-impact costs savings with minimal investment.The results can be refined to match specific details of the IT environment and local currency. The calculation is based on research by IDC, Forrester, WiPro and Alinean and the results include recommendations to projects which can be implemented to generate high-impact cost savings with minimal investment.
The passage is clear. Identify your goal, find out where you stand, make an informed decision, and thrive on the challenges. Above all, the time to start the process is now.
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