Sure IT cost optimization of key projects

Based on the results of the business/value determined IT cost project successively primary and secondary

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    To pragmatic strategy attitude towards cost optimization

    Gartner decision-making framework aims to through a series of evaluation tools and the judgment standard, help enterprises to determine the current and future IT cost optimization of key projects.

    • According to the size/standard evaluation decision factors (e.g., financial impact, risk).
    • Weigh the different advantages, cost, risk and feasibility of the project.

    With a simple grid to compare different cost optimization programs, support for others

    Budget pressures is imminent;But in the final analysis, the goals of the enterprise is still using the short to medium term cost decision to deal with the unknown scene, so as to survive - and to avoid affect long-term healthy development and strategic goals.

    Strategic cost optimization can be realized in cost savings and business growth

    Gartner research shows that the leading enterprise of cost optimization method is often active and strategic significance, both to reduce the cost, and can realize the new growth in the context of the crisis, is advantageous to the new champions league leader in similar outbreaks such uncertainty and subversion event leading corporate sustainable development.

    Can determine the focus of the investment cost management framework

    Gartner cost optimization decision-making framework can be according to the value (not just reduce the likelihood of spending), to determine the priorities of cost optimization opportunity.

    This framework can:

    • createFor your enterprise the focus of the agency cost optimization opportunities list
    • assessmentThe cost of your plan's influence on the key decision-making factors/standard
    • Weigh theThe advantage of different projects, cost, risk and feasibility
    • drawSimple cost-cutting figure, compared the advantages and disadvantages, and high-level support for your cost reduction strategy.

    Download IT department cost optimization framework

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    Common problems about cost optimization

    Cost optimization is a business centered discipline, has the characteristics of long lasting, aims to maximize the business value of lower spending by businesses and costs at the same time.

    Cost optimization can help functional departments leaders minimize costs:

    • The most low price to obtain business procurement and terms

    • Implement the standardization of processes and services, to simplify and rationalization

    • Work to achieve IT and business automation and digitalization

    Cost reduction means to realize the profit maximization and short-term savings and reduce costs.Cost optimization in business as the center, has the characteristics of long lasting, aims to maximize the business value of lower spending at the same time and cost.

    Sustainable cost optimization depends on five key points:

    1. Financial transparency: increases the transparency of financial help leaders understand through cost optimization methods to improve the business value.

    2. Goals and benchmark: after improve financial transparency, senior leaders must be based on external benchmark, compare themselves with enterprise's financial situation.

    3. Business and personal responsibility: the high-level leader must create a dedicated to the fulfillment of the corporate culture of cost optimization, in the leadership put forward the idea of cost optimization, attention should be paid to clear the point.

    4. Cost management of supply and demand: classifying costs related to the supply and demand, help top leaders to determine the cost optimization work priorities.

    Using the saved cost to implement enterprise strategy: senior leaders should not only actively optimize cost, and will save cost for related to corporate strategy.
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