Thank you for taking the time to investigate how Third Party Maintenance (TPM) and asset management offers significant savings over support contracts from original equipment manufacturers (OEMs). It is estimated that OEMs make between 80-90% profit on maintenance contracts, the cost of which is routinely increased by 15% per year.
It doesn’t have to be that way. At XSi, we help our customers save money on annual OPEX expenses without sacrificing quality.
Case Study: Streamlining IT Asset Management
A large US-based energy provider realized their IT asset management procedures needed an upgrade; the existing system was cumbersome, their IT department was not designed for managing equipment logistics, and the inventory was being tracked manually via incomplete Excel spreadsheets.
After speaking to multiple TPM providers, the company hired XSi to rework their entire IT asset management system, which included training the staff on the new system and providing third-party technical support going forward.
The results were astounding: the company recovered hundreds of assets and saved 85% on maintenance compared to plans offered by the OEMs, amounting to over $1,000,000 in annual savings. Read More
How using third-party maintenance reduces IT expenses
The truth is, 80% of total IT costs occur after the initial purchase; primarily due to the high cost of ongoing maintenance imposed by the original equipment manufacturers.
Despite their importance, IT budgets increase by a modest one percent annually. These constraints put IT managers in a difficult position, as it is standard for OEM maintenance fees to increase by 15% annually for the first five years, and significantly more after that.
This whitepaper provides an overview of the following:
31 July 2018
Too many hardware asset management strategies introduce risk, excessive costs and wasted time due to incomplete decisions and poor asset tracking. Sourcing, procurement and vendor management leaders must address these critical decisions in order to deliver a complete asset management strategy.
Sourcing, procurement and vendor management leaders looking to mature their IT and hardware asset management strategy must: