Balance Technology Cost, Quality, and Time
While keeping lights-on, CIO must strategically direct investments towards technologies that can deliver significant business value
CXO
9/18/2013
Typical organization spends 70%-75% of its technology budget on 2 areas: Infrastructure technology (foundational) and transaction technology (business operations, running processes).
Technology Budget Allocation
IT Outsourcing
Best practices
Technology Portfolio Rationalization
Running lesser number of applications, reduces maintenance/operating costs
Moving more applications to public cloud infrastructure, takes advantage of volume/utility based pricing
Modern App Stack/Cloud native results in business agility
Reduced risk of legacy apps, reduce risk of excessive batch windows, more real time operational view of business
Evolve from ‘Systems of Record’ to ‘Systems of Engagement’
Transactional technology provides Applications/Info systems to process Quote to Cash, Procure to Pay, the core processes which bring cash flow to enterprise. Use Managed Services-based to achieve:
Year on year productivity improvements (Cost Containment)
Use Global Delivery model & leverage wage arbitrage (Cost Reduction)
IT outsourcing is a strategic practice where companies entrust specific IT functions or tasks to external service providers. This cost-effective approach allows organizations to tap into specialized expertise, reduce operational overhead, and focus on core business activitie
