A perennial focus for I&O leaders, optimizing costs and assuring funding is being allocated to the right things is a critical part of managing I&O effectively. It’s also one of the big paradoxes faced today by many: how to keep costs down and optimize, while growing, innovating and investing to support digital business.
At Gartner IT Infrastructure, Operations & Cloud Strategies Conference 2019
"By 2022, 80% of I&O organizations that lack digital business strategies will risk cuts in budget, resulting in outsourcing as a means of delivering results."
Gartner Predicts
Enterprises have a variety of unique challenges, including smaller budgets and limited staff size, but only when CIOs answer this question, does the importance of cost-efficiencies funding innovation as key to growing the business, comes into play.
3 Kick-Off Initiatives for Cost Optimization
Focus on standardization and cost optimization to fund transformation initiatives.
There is one very important question that every midsize enterprise (MSE) CIO must answer each year: “Are we too busy managing hardware and applications to be an effective strategic partner?”
MSEs have a variety of unique challenges, including smaller budgets and limited staff size, but only when CIOs answer this question, does the importance of cost-efficiencies funding innovation as key to growing the business, comes into play.
Gartner outlines three action-oriented kick-off initiatives for cost optimization and funding innovation.
Three-Year Roadmap for Cost Optimization
CIOs are under continuing pressure to cut costs and/or deliver more with fewer resources. CIOs should communicate a cost optimization roadmap to socialize and gain buy-in from enterprise partners for evolving the enterprise’s IT cost management and investments to drive improved business value.
Download Gartner Research: How to Create and Communicate an IT Cost Optimization Roadmap
We've got your cost optimization needs covered
Cost Optimization Sessions at this years conference:
- Top I&O Cost Optimization Ideas
- Reduce Cloud Spend and Risk by Identifying I&O's Role in Cloud Governance
On-Demand Webinar:
Webinar: How to Create and Communicate an IT Cost Optimization Roadmap