The document provides recommendations for finding savings in IT budgets, including establishing a baseline operational budget, identifying internal costs of services, bringing finance teams into cost discussions, and conducting open book financial reporting. It then lists specific areas where savings can be found, such as reducing people costs through hiring freezes and salary cuts; finding savings in hardware/software agreements, telecom expenses, mobile services, outsourcing, call centers, data centers, and other areas; and starting an official IT savings project. Industry surveys on planned cost reductions are also summarized.
Would it accelerate your business to network more? How do you calculate the actual dollars gained from attending industry conferences, summits, trade shows, dinners, and networking receptions?
Join us for a step-by-step tutorial on how to calculate the ROI on the time and money you spend attending events. We have distilled the hard and soft costs into a free, downloadable excel template that allows you to calculate your return.
ICT Cost Management And Savings General2control4IT
ICT costs are increasigly becoming an issue. This presentation shows option for getting most value out of your ICT at reasonable cost levels. Transparancy in costs and volumes are key.
How to Calculate ROI for Network Management & MonitoringSolarWinds
IT staffs are being asked to do more with less, as well as show a tangible ROI for investments made on IT, by rightsizing their NMS solution. Let us help you with this easy to follow ROI model.
Warranty Master Breakout Session at IT Nation Connect 2019Allice Shandler
"How to Sell More and Service Less with Automated Asset Lifecycle Management"
Learn why thousands of MSPs voted Warranty Master “Best Revenue Opportunity” and “Best in Show” at DattoCon 2019. Award-winning 25 year Channel veteran, Warranty Master CEO, Dan Wensley along with special guest Mike Brooks from audIT share the impact Asset Lifecycle Management (ALM) has on both an IT Service Provider and their customers. Hear about the process that lead one New Jersey based MSP to increase their revenue by over $500,000.
During this dynamic session you’ll learn how ALM:
- Provides a sales pipeline for your business and a budget plan for your customers
- Automates manual processes and lowers service delivery costs
- Improves network performance and security for your customers
- Provides best practices for conducting Quarterly Business Reviews (QBRs)
Behind the Curtain of IT Cost Transparency - By: Carl Stumpf Managing Directo...Melissa Luongo
Key Discussion Points:
Best practices in IT cost allocation
Insights into how to use cost allocation to engage business partners
Implications of Agile, Cloud and other industry trends
The Goal:
Insights that can help influence how IT engages with business partners to influence business decisions
Would it accelerate your business to network more? How do you calculate the actual dollars gained from attending industry conferences, summits, trade shows, dinners, and networking receptions?
Join us for a step-by-step tutorial on how to calculate the ROI on the time and money you spend attending events. We have distilled the hard and soft costs into a free, downloadable excel template that allows you to calculate your return.
ICT Cost Management And Savings General2control4IT
ICT costs are increasigly becoming an issue. This presentation shows option for getting most value out of your ICT at reasonable cost levels. Transparancy in costs and volumes are key.
How to Calculate ROI for Network Management & MonitoringSolarWinds
IT staffs are being asked to do more with less, as well as show a tangible ROI for investments made on IT, by rightsizing their NMS solution. Let us help you with this easy to follow ROI model.
Warranty Master Breakout Session at IT Nation Connect 2019Allice Shandler
"How to Sell More and Service Less with Automated Asset Lifecycle Management"
Learn why thousands of MSPs voted Warranty Master “Best Revenue Opportunity” and “Best in Show” at DattoCon 2019. Award-winning 25 year Channel veteran, Warranty Master CEO, Dan Wensley along with special guest Mike Brooks from audIT share the impact Asset Lifecycle Management (ALM) has on both an IT Service Provider and their customers. Hear about the process that lead one New Jersey based MSP to increase their revenue by over $500,000.
During this dynamic session you’ll learn how ALM:
- Provides a sales pipeline for your business and a budget plan for your customers
- Automates manual processes and lowers service delivery costs
- Improves network performance and security for your customers
- Provides best practices for conducting Quarterly Business Reviews (QBRs)
Behind the Curtain of IT Cost Transparency - By: Carl Stumpf Managing Directo...Melissa Luongo
Key Discussion Points:
Best practices in IT cost allocation
Insights into how to use cost allocation to engage business partners
Implications of Agile, Cloud and other industry trends
The Goal:
Insights that can help influence how IT engages with business partners to influence business decisions
Leading IT analyst firm Enterprise Management Associates (EMA) indicates that effective deployments of configuration management databases (CMDBs) or federated configuration management systems (CMSs) strongly correlate with success in digital and IT transformation. This fact may come as a surprise given the current industry hype to the contrary, but the reasons for having effective, dynamic and relevant service modeling systems could never be greater.
These slides, based on the webinar hosted by EMA and Micro Focus, draw on extensive EMA research and consulting to show exactly why and how this is true.
Can one e-Invoicing provider really serve you? Ever consider Roaming?sharedserviceslink.com
This session was presented at '15 Secrets to Shared Services Success" conference organised by sharedserviceslink.com.
To find out more about forthcoming conferences check http://www.sharedserviceslink.com
Saas vs. on premise - How to Determine the Best Solution for your Sales Channel Del Heles
For channel-intensive businesses, the decision to opt for a Software-as-a-service (Saas) cloud-computing provider versus developing an internal, on-premise hosting center is a major challenge; the nature of innovation coupled with the demand for customizable, mission-critical software presents a complex dilemma for manufacturers: To build or not to build?
We
How to Scope Your Enterprise CMDB Project Successfully: Big Vision, Baby Stepsdigitallibrary
Setting realistic expectations, managing project scope, and delivering timely value are challenges that cause over 50% of CMDB projects to fail. Understanding the detailed requirements for your CMDB project, which set scope and drive the project timeline, is the cornerstone of successful implementation. Learn about techniques used by some of the largest companies in the world to overcome "analysis paralysis" and move forward with their CMDB initiatives. Find out first-hand how to create a requirements document that will correctly scope, set priorities, and make your CMDB project actionable.
Peterborough DNA – one of four government funded Future City Demonstrators – has kick-started something special in Peterborough. It’s created an opportunity to change the way the city thinks and acts. Just as cities come in all shapes and sizes, so do Smart City approaches and projects. For Peterborough, the starting point was to assess the key challenges the city faces and embed long-term change by working from the inside out. The overall aim is to create a better city for people and businesses. Explore Peterborough’s journey towards becoming a smarter, more sustainable city in pictures.
This visual video gallery shows the key milestones in the Peterborough DNA programme and tells the story of how the city of Peterborough is taking on the 'smart city' challenge to become a better place to live and work.
Leading IT analyst firm Enterprise Management Associates (EMA) indicates that effective deployments of configuration management databases (CMDBs) or federated configuration management systems (CMSs) strongly correlate with success in digital and IT transformation. This fact may come as a surprise given the current industry hype to the contrary, but the reasons for having effective, dynamic and relevant service modeling systems could never be greater.
These slides, based on the webinar hosted by EMA and Micro Focus, draw on extensive EMA research and consulting to show exactly why and how this is true.
Can one e-Invoicing provider really serve you? Ever consider Roaming?sharedserviceslink.com
This session was presented at '15 Secrets to Shared Services Success" conference organised by sharedserviceslink.com.
To find out more about forthcoming conferences check http://www.sharedserviceslink.com
Saas vs. on premise - How to Determine the Best Solution for your Sales Channel Del Heles
For channel-intensive businesses, the decision to opt for a Software-as-a-service (Saas) cloud-computing provider versus developing an internal, on-premise hosting center is a major challenge; the nature of innovation coupled with the demand for customizable, mission-critical software presents a complex dilemma for manufacturers: To build or not to build?
We
How to Scope Your Enterprise CMDB Project Successfully: Big Vision, Baby Stepsdigitallibrary
Setting realistic expectations, managing project scope, and delivering timely value are challenges that cause over 50% of CMDB projects to fail. Understanding the detailed requirements for your CMDB project, which set scope and drive the project timeline, is the cornerstone of successful implementation. Learn about techniques used by some of the largest companies in the world to overcome "analysis paralysis" and move forward with their CMDB initiatives. Find out first-hand how to create a requirements document that will correctly scope, set priorities, and make your CMDB project actionable.
Peterborough DNA – one of four government funded Future City Demonstrators – has kick-started something special in Peterborough. It’s created an opportunity to change the way the city thinks and acts. Just as cities come in all shapes and sizes, so do Smart City approaches and projects. For Peterborough, the starting point was to assess the key challenges the city faces and embed long-term change by working from the inside out. The overall aim is to create a better city for people and businesses. Explore Peterborough’s journey towards becoming a smarter, more sustainable city in pictures.
This visual video gallery shows the key milestones in the Peterborough DNA programme and tells the story of how the city of Peterborough is taking on the 'smart city' challenge to become a better place to live and work.
Presentation Development Primer: Storyboarding, Slide DesignDavid Tracy
This is a partial preview. View and download the full PowerPoint here:
http://pptlab.com/ppt/Management-Consulting-Basics-Presentation-Development-Primer-43
This document teaches the basics of developing an effective business presentation. It covers methodologies widely practiced by top management consulting firms, such as McKinsey, Bain, and BCG. It covers the topics of Storyboarding, Slide Structuring, and Graph Design. As presentations serve as both communication tools and work products, presentation development is a useful skill to have.
Practically Applying Sourcing Grids for Risk Management Thomas Tanel
Purchasing and supply management have never been easy. The past several years have caused many executives and professionals to lose more sleep and gain more gray hair (or lose more hair) than usual; therefore, the next decade requires upgraded skill sets to survive.
Portfolio analysis is one of the most powerful techniques
used by the purchaser, despite its simplicity. It is a simple “grid” tool that charts the amount we spend on products or services and the complexity of its acquisition.
Portfolio analysis helps us define our sourcing strategy and the best sourcing techniques to use dependent upon the position on the sourcing grid. It also defines the relationships (supplier positioning) we need to have with our key suppliers and gives us an insight in how the key suppliers may see us in perception model. It allows you to organize your time and
resources for maximum benefit and it encourages strategic thinking and analysis to reduce cost, add value, and minimize risk.
Denodo DataFest 2016: ROI Justification in Data VirtualizationDenodo
Watch the full session: Denodo DataFest 2016 sessions: https://goo.gl/eB3lOM
There are two sides to the ROI coin. One is TCO and the other is business impact. In this session, we will explain how to justify and measure the ROI for data virtualization, and share examples of authentic business benefits realized by our key customers. If you need help justifying the investment, don't miss this session!
In this session, you will learn:
• How data virtualization is used to leverage data as a strategic asset, and to monetize data
• How to justify and measure ROI for data virtualization solutions
• Examples of business benefits realized by our key customers
This session is part of the Denodo DataFest 2016 event. You can also watch more Denodo DataFest sessions on demand here: https://goo.gl/VXb6M6
ROI and Economic Value of Data VirtualizationDenodo
Watch full webinar here: https://bit.ly/3oaKSzu
Gartner has predicted that organizations using Data Virtualization will spend 40% less on data integration than those using traditional technologies. Denodo customers have experienced time-to-deliver improvements of up to 90% within their data provisioning processes and cost savings of 50% or more. Join us for this webinar to discover how Data Virtualization can help accelerate your time-to-value from data while reducing the costs at the same time. As Rod Tidwell (Cuba Gooding Jr.) said in the movie 'Jerry Maguire', "Show me the money!"
Register to attend and learn how Data Virtualization can:
- Accelerate the delivery of data to users
- Drive digital transformation initiatives
- Reduce project costs and timelines
- Quickly deliver value to your organization
IT Roadmap San Jose 2011 John Petrone Tearing Down & Building UpJohn Petrone
CTO John Petrone shares how Autobytel has used various tools, such as agile development, virtualization and outsourcing, to become a smarter, more effective organization, better able to respond to challenges and change.
IT Optimization: Navigation Fiscal AusterityOmar Toor
The Federal Government faces a situation similar to that of the private sector in the early 2000s. Many corporations experienced rapid growth in the late 1990s. Companies spent tens of millions of dollars on ERP, CRM, and other enterprise IT systems. As the below graphic illustrates, large enterprise systems grew corporate expense budgets at an unprecedented rate in the form of support, maintenance, enhancement, operations, and amortization. The late 1990’s technology and dot com busts, multiple downturns, and a recession caused industry to change their spending habits and drive cost out of their baseline. Some succeeded, many failed, and a few went bankrupt.
The question is whether Federal COOs, CFOs, and CIOs will wait for OMB to levy cuts on them or whether Federal executives will act to address the systemic drivers of IT expense so they are ready to respond to the inevitable round of forthcoming budget cuts. In the words of George Bernard Shaw, “The possibilities are numerous once we decide to act and not react.” Acting now could protect agency missions and even redirect additional funds to critical needs. If CFOs and CIOs wait for the inevitable budget mandate, it will be too late to identify waste - and the only thing left to cut will be investment dollars.
www.pwc.com/publicsector
Cloud: To Build or Buy - Can You Justify On-Premises IT?Dell World
Outsourcing IT to the public cloud may seem cheap and easy, but is it? Data shows that on-premises private and hybrid cloud can deliver superior ROI. Explore methodologies and TCO analysis that can help you build a better business case for your organization, while meeting a "cloud first" objective.
Nowadays, IT organizations face challenges that not only relate to the use of technologies, platforms and tendencies; they go go beyond operating and maintaining applications over 15 years-old, many of them developed in old or obsolete programming languages, in platforms whose maintenance and operation are increasingly more complicated to maintain.
With this in mind we have developed an assembly of services and solutions for the purpose of supporting IT officials to optimize time, resources and investments in IT.
Har ni koll på balansräkningens största post? - IBM Smarter Business 2013IBM Sverige
Fastigheter är ofta den största enskilda tillgångsposten på
balansräkningen och kan också stå för en av de största kostnadsposterna.
Vi visar hur ni kan få kontroll på era fastighetskostnader,
energiförbrukning, lokalplanering och nyttjandegrad. Vi kommer också att
beröra hur de nya reglerna för redovisning av hyrda/leasade
anläggningstillgångar kan mötas med hjälp av IBMs lösningar för Smarter
Buildings. Talare: Claire Penny, Business Development Executive - Smarter Physical Infrastructure, IBM. Mer från dagen på http://bit.ly/sb13se
Brief PowerPoint explaining the common pains of Telecom Expense Management and a high level overview of how iTEMize can assist in relieving those pains
2. Revealing Where Your Are
Clarify IT Costs
Create a baseline operational budget (no projects)
Develop a simple method to identify “internal cost of
services” provides insight for IT & Business to
understand how to spend.
Bring the finance team & key business folks into cost
management discussion
Open Book IT Financial Reporting (Monthly, Quarterly)
Bill Rebello Feb 27 2009
3. Budget Relief - People
37% of IT Budgets dedicated to people (CIO Mag)
Hiring freezes, eliminate special bonuses, reduce
training, cut outside contractors, cut all salaries by 10%
Flatten the organization- have execs manage 20 people
Consolidate groups into shared services
Consolidate Offices
Reduce services
Bill Rebello Feb 27 2009
4. Budget Relief – Services HW/SW
Big Savings Potential
Hardware & Software Agreements (Maint. & Licensing)
You may have to spend in the very short term to save a lot
Organize – List all vendors & the spend , renewal dates.
Review agreements in detail validating
Inventory HW/SW are you still using it , over licensed etc.
Renegotiate, yes, no matter the term of the agreement; is maintenance
on net purchase, what is the set limit in % of maintenance increase etc.
Do you still need 24x7 support.
All this takes time a dedicated focused effort is required for quicker
results.
Explore third party maintenance vendors can save 50%
Bill Rebello Feb 27 2009
5. Budget Relief – Services Telecom
More Big Savings Potential
Buy Telecom expense services – monthly billing review
Savings from mistakes could be in the $10,ooo to over
$100,000 + annually
Renegotiate existing agreements ! Yes this could save another
10-100k + annually.
WAN -Using frame relay? Moving to MPLS could save.
VoIP saves -moves adds changes could save LD, Call Center
management etc.
Bill Rebello Feb 27 2009
6. Budget Relief – Mobile Services
More Big Savings Potential
Develop written mobile policy and communicate it.
Establish a corporate account not expense allocation.
Leverage discounts - standardize on one vendor
Move to a pooled minute plan (saving 30% +)
Limit choices on hw – reduces management burden
Stay away from flat rate plan they typically cost more
Best in class about $55/mobile phone & $80PDA
Bill Rebello Feb 27 2009
7. Budget Relief – Outsourcing
More Big Savings Potential
True cost saving is 15-20% more in only optimal
circumstances.
Dig deep in to the ROI, consider Travel, Knowledge
Transfer, training, time to evaluate ROI & Agreement etc
Review Current Deal Structures are they out dated?
The industry benchmark is 80:20 (80 percent of
resources offshore and 20 percent onsite) go to 90:10?
Rates $40/hr for offshore app developer
Standard PC support Help Desk 1200 customers
(12x5 $60 - $70K) other?
Bill Rebello Feb 27 2009
8. Budget Relief –Call Center
More Savings Potential
Get workforce management software (IEX, Blue
Pumpkin etc) Forecast agent needs and performance.
Use remote agents (low agent cost, real estate, VoIP
saves)
Standardize on a single platform (cust exp & support)
Record Agent Customer Interactions this will provide
feedback & lower hold times (manage need for agents)
Bill Rebello Feb 27 2009
9. Budget Relief – Data Center
More Savings Potential
Combine data centers
Meter electrical usage (going green) then put a program
in place that reduces cost. Be sure IT reports the savings.
Reported annual savings of power usage has been
reported in the $20K to 200K+ ranges.
Bill Rebello Feb 27 2009
10. Budget Relief – Other Ideas
More Savings Potential
Extend the replacement cycle of hardware
Pay for support as you need it. It cost more but it can be
less then the cost of an annual agreement.
Use VMware
Capacity management program
Look at secondary Internet Providers (RCN 100 meg for
1500 a month)
Take a look at the governments new rules on
deprecation
Bill Rebello Feb 27 2009
11. “Money grows on the tree of patience.quot;
Realizing Savings When? (From Experience)
Depends! Three –Six Months? It takes vendors time to make
changes!
There is the potential for some very short term saving
surprises!
Remember the bulk of savings can be “Annualized Savings”
from vendors with software, hardware, telecom services
products imbedded in the business.
Start now! Make IT Savings an Official Project. An IT person
needs run the project team. The team includes finance, the
business. Keep to team small as possible.
Take publicize IT Savings initiatives in areas outside of IT.
Call Center, Reducing Power Consumption.
Bill Rebello Feb 27 2009
12. Trends-What are other CIO’s doing?
CIO Survey Measures Under “Consideration” 2009
Postpone discretionary IT Projects……………..58%
Renegotiate IT vendor contracts………………….52%
Freeze IT hiring……………………………………………59%
Freeze or cancel IT capital spend………………...49%
Reduce IT headcount……………………………………34%
Reduce spend on IT contracts & consultants..52%
Reduce spending on IT Training………………....46%
Restrict IT Travel………………………………………….61%
Started in the last 6 months (CIO Mag)
Bill Rebello Feb 27 2009
13. IT Budgets 2009 CIO mag
CIO Survey how will you budget change in 2009
Increase Decrease
Hardware…………………………….. 20% 47%
Applications………………………... 23% 41%
Network Infrastructure……….. 26% 35%
Web/mobile………………............ 22% 32%
Outsourced IT Service……….... 20% 48%
IT Comp…………………………….... 26% 35%
(Salaries, bonus, benefits)
Bill Rebello Feb 27 2009
14. IT Budget Composition
13% Keep pace with business changing req. (CIO Mag
37% Dedicated to People (Gartner)
75% of companies thinking about IT cost cutting in 2009 (Networld)
80% of the IT budgets just to keep the lights on (CIO Mag)
Bill Rebello Feb 27 2009
15. IT Budgets Savings
quot;If at first you don't succeed; call it version 1.0quot;
“Happy Savings”
Bill Rebello Feb 27 2009