Gartner Research

Reducing I&O Costs by 15% in Just One Year

Published: 20 May 2013

ID: G00246680

Analyst(s): Jay E. Pultz

Summary

Komercni Banka, based in Prague, Czech Republic (member of Societe Generale Group), was able to cut its 2012 I&O spend by US$9 million. The systematic approach used has applicability to all clients, and the key to success was involving the business in cost-cutting decisions.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Select and Build a Cost-Savings Tracking and Reporting System
  • Establish Project Governance
  • Involve, Motivate and Educate IT Managers
  • Identify, Assess and Prioritize Efficiency Actions
  • Project Management: Implementation of Parallel Cost-Reduction Actions
  • Lessons Learned
  • Next Steps
  • Komercni Banka Profile

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