Gartner Research

Managing Cost Optimization Primer for 2016

Published: 08 January 2016

ID: G00293042

Analyst(s): Kurt Potter

Summary

Cost optimization is more art than science, and a dynamic capability where one size does not fit all. IT organizational strategies and tactics will and should be different to take advantage of seemingly unlimited and unique opportunities to be found for motivated CIOs and IT leaders.

Table Of Contents

Scope

Analysis

  • Top Challenges and How Gartner Can Help
    • How do I implement a cost optimization program for IT resources, assets, services and outcomes that aligns to long-term business goals?
    • How do I maximize and prioritize the best opportunities for optimizing IT and business vendor costs?
    • How do I identify standardization and simplification cost optimization opportunities, while preserving capabilities that do not require optimization?
    • How do I use my cost optimization programs to help the enterprise optimize business-related costs, products and services with automation and better utilization?
    • How do I increase the maturity of IT financial management to drive a transparency strategy that will deliver effective cost optimization outcomes?
    • How do I employ radical cost optimization strategies to respond to unforeseen economic or industry conditions, while preserving the viability of my IT organization?

Related Priorities

  • Suggested First Steps
  • Essential Reading
  • Tools and Toolkits

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.