Let us save you 5k on a Gartner subscription and tell you exactly what you need to do in order to stay nimble and reduce your IT costs in 2016.
Daryl Senick
BDO Canada LLP
BDO Connections 2016 | Breakout Session
Top 5 Ideas for Small to Medium Size Businesses to Radically Reduce their IT Costs | Daryl Senick
1. Top 5 Ideas for Small to
Medium Size
Businesses to Radically
Reduce their IT Costs
Let us save you 5K on a Gartner subscription and tell you exactly
what you need to do in order to stay nimble and reduce your IT
costs in 2016.
7. Technology feels like a tax when …
You think you are racing with this But you have this in the garage
The challenge with the Tech Tax is that it’s not always this
obvious … what’s taxing our clients?
8. What are the most common
scenarios taxing our clients?
1. Stop Spending Rich: Realizing Best Value from IT Spend
2. Address Aging & Patchy IT Systems: Moving Capex to
Opex with the Cloud, Proper Support & Staffing
3. Keeping up to Digital Trends: Websites, Digital Design, &
Social
4. Siloed Management of Content: Office Business
Productivity with O365
5. Handing the Volume of Data: Translating Data To Business
Insight
11. Invest in the Right IT Organization for
the Business
IT
Governance
IT
Management
/ Leadership
Infrastructure
Development
Operations
(Servers, Data
Centre, Backup/
Restore, Telecom)
Help Desk
(e.g. Email, Phones,
Desktop Support,
Printers)
Project
Management
Application
Development
Biz. Apps Support
(Sorte, SharePoint,
QuickBooks, Web
Site)
Support Roles Project Roles
Management Roles
12. Engage in an Effective Support Structure
• Instance increase in support Maturity
• Agility to the skills needed to support the business
• Pay per Use / Dynamic Scalability
• Proactive management vs. reactive patching
• Extends the lifespan of your IT systems
13. Tip 2: Consider The Cloud
• Instant Increase in Maturity
• Agility / Time to Market
• Pay per Use / Dynamic Scalability
• Incremental Improvements
• Change in Other Behaviours / Processes
VS
16. Internet Of Things “IOT” is envisioned to be the next big
thing … How can your business harness it?
1. This year, we will have 9 billion connected things. ..And some predict that by
2020, the number of Internet-connected things will reach or even exceed 50
billion.
2. In 2015, over 4 billion smart phones were shipped and by 2020 we will have a
staggering 6.1 billion smartphone users.
3. By 2020, a quarter of a billion vehicles will be connected to the Internet, giving
us completely new possibilities for in-vehicle services and automated driving.
4. The global market for wearable devices has grown 223% in 2015, with Fitbit
shipping 4.4 million devices and Apple selling 3.6 million Apple Watches.
5. Internet-connected clothing is coming. Estimates predict that 10.2 million units
of smart clothing will ship by 2020, compared to a meagre 140K units in 2013.
6. Today, the market for Radio Frequency Identification (RFID) tags, used for
transmitting data to identify and track objects, is worth $11.1 billion. This is
predicted to rise to $21.9 billion in 2020.
7. Machine-to-machine (M2M) connections will grow from 5 billion at the
beginning of this year to 27 billion by 2024, with China taking a 21% share and
the U.S. 20%.
8. According to estimations by the McKinsey Global Institute, the IoT will have a
total economic impact of up to $11 trillion by 2025.
9. CISCO believes the IoT could generate $4.6 trillion over the next ten years for
the public sector, and $14.4 trillion for the private sector.
17. Tip 3: View Web as a Strategic Asset
• Effective SEO so they find you
• Evolving with the changes in consumer buying
patterns
• Business growth driven based on the effective
use of technology
• Greater consumer connectedness
19. Tip 5: Get a Handle on your Data
• Businesses are generally either drowning
in data or not fully capitalizing on their
data.
• Business Intelligence is still largely
controlled by IT
• The tools have evolved significantly to
reduce technical the skillset required to
translate data to business insight
• The focus of a Modern Business
Intelligence platform is to drive self
service Action through connecting to any
data, building automated intelligence,
and interacting on any device anywhere.
20. What are your options?
• Figure it out yourself
• Put your head in the sand and carry on “as usual”
• Try and spend your way out of the problem(s)
• Call “the tech accountants” for a cost savings discussion.
If we can’t identify savings in an hour, we’ll buy you dinner… $100 gift card
to Moxies.
Message:
We all know the competitive landscape and the question we should all be asking ourselves through this session is “What type of IT vehicle is in our garage”?
When it comes to IT vehicles;
- Is there alignment between the business and IT on the performance required to drive the business?
- Are your systems and processes consistently placing you ahead of your peers?
- Do you know where your peers are and how you place in relation to them?
The interest thing about IT vehicles is;
- It’s often not this obvious on where you stand and what your chances of winning the race are?
So, let’s explore some of those signals.