Gartner Research

Fight IT Cost Optimization Fatigue With These Saving Strategies

Published: 18 September 2013

ID: G00255460

Analyst(s): Jim McGittigan , Kurt Potter, Sanil Solanki

Summary

Gartner unveils strategies and initiatives for CIOs and IT leaders looking for additional cost savings. IT organizations and others affected by the effects of the global financial crisis or other transformative event should take note when preparing for new challenges.

Table Of Contents

Analysis

  • How Much Further Can the Typical IT Organization Go With Cuts?
  • Key Opportunities From the Past Five Years of IT Cost Optimization
    • Consolidate IT
    • Rationalize the Application Portfolio
    • Categorize by Mission-Critical Versus Non-Mission-Critical
    • Set Goals for IT Cost Optimization
    • Lower Service Levels Before You Need To
    • Try to Devalue, or Discourage, Buying Things Inexpensively as the Only Source of Savings
    • Begin a "Cloud First" or "Share First" Policy, but Be Careful
    • Stress That Accountability Is More Important Than IT Cost Savings
    • Revisit Failed or Postponed Cost Optimization Initiatives
    • Increase IT Cost Transparency to Make Better Decisions
    • Avoid Traditional IT Outsourcing by Preparing for Outsourcing
    • Focus on Personnel and Software Expenses
    • Embrace Internal Client Frustration as a Source of Innovation
    • Turn Off Old Business Channels and Focus on Cheaper, IT-Enabled Channels
    • Look at Cash-Saving Strategies to Drive Further Savings
  • Looking Past the Global Financial Crisis to Prepare for the "Digital Enterprise"

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