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Increasingly organizations are growing their investment with IT licenses and equipment leasing services that are amortized on their specific financial reports. IT cost transparency can become extremely complex as organizations purchase licenses and IT equipment at different times, for different amounts, and with different terms.
iPuzzlebiz will consult with you to determine your IT cost transparency requirements and to configure solutions that are specifically tailored for your challenges - ideal for companies and organizations with more than $20 million of enterprise spending on all key areas of IT portfolio per year - including key industry, infrastructure, applications and outsourcing measures.
IT Cost Transparency
iPuzzlebiz helps put the pieces of the IT financial puzzle together. For example, having a process for identifying IT services consumed based on the product list provides visibility into total cost of ownership of services and applications.
At iPuzzlebiz, we help you to utilize the IT financial management tools and processes to empower your business with ready access to IT cost transparency information such as cost, quality and value of IT applications and services.
Ideal for companies and organizations with more than $20 million of enterprise
spending on all key areas of IT portfolio per year
- Including key industry, infrastructure, applications and outsourcing measures for CIOs, CFO's of IT and IT professionals, infrastructure and IT cost transparency in applications
We've expanded our IT line of business consulting to include technology business management strategy so that every CIO, CFO or V.P of finance IT can apply to be a part of this business conversation, as well as a place to get involve with the Cost Transparency, IT Benchmarking, Business Insights, Bill of IT and IT Planning SaaS applications designed to manage IT like a true business function.
We help to enhance the ability of CIOs and CFOs of IT to gain visibility to internal IT costs, reduce and optimize costs & consult with them how to provide a meaningful bill of IT to their business users.
Aging IT Equipment, Shrinking Operational and Capital Dollars - How Do You Reconcile the Need?
Its Not Only Your Lease That Could Matter (and how to make sure that it is) iPuzzlebiz will consult with you to determine your IT cost transparency requirements and to configure solutions that are specifically tailored for your challenges.
As many of the Information and Communications Technology (ICT) departments continue to age, the hardware are reaching thresholds where major repairs or replacements are needed. CIOs, asset managers and V.Ps of finance IT are facing the complex puzzle of how to balance their ICT capital expenditures and operating costs.
Getting a firm grasp of your mounting deferred IT maintenance, understanding regulatory changes, and managing health and safety risks are primary concerns impacting IT capital budgets. Notwithstanding, adopting new hardware equipment and meeting comfort expectations of clients add to the complexity of the problem. IT cost transparency solutions will provide data that helps you examine these challenges and offer some practical strategies to weather the economic storm and manage your risk.
Benjamin Franklin once warned, "By failing to prepare, we are preparing to fail." So how does one best prepare for the future? When it comes to money matters, one way is by working with a knowledgeable financial consultant.
- How your organization can lower its IT costs
- How to ensure you get the best value for your IT expenditures
- How your organization can make better decisions about how to use technology
- How you can react more quickly and effectively to opportunities in the market
- How to deliver enhanced financial governance
Developing the detailed level "IT Cost Transparency" view will cover the end-to-end service delivery chain spanning applications, physical and virtual servers, middleware, storage, networks and other IT components. Then, by understanding the complete cost structure, businesses can look for areas of cost management, cost avoidance or cost containment.
Examples of how customers are currently using the TBM pre-packaged best practices and solutions for their most important initiatives include:
- Cloud Business Management regardless of your model (e.g., public, private, hybrid)
- Application Rationalization to determine the investment, replacement or retirement of applications
- Data Center Consolidation to gain deep visibility of the total cost of a data center
- Desktop TCO Optimization for all the client computing units and the key cost drivers*
- Storage Optimization to balance storage utilization, demand, and cost
* Client computing (desktops, laptops, mobile devices and client applications collectively known as EUC) can be one of the hardest areas of IT to control.
Gain full transparency of your IT assets with SAP IT Infrastructure Management
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SAP Solution Manager
5 key areas of the IT portfolio
Key Industry Measures: Enterprise-level total IT spending and staffing metrics across different vertical industries. Metrics based on enterprise size are often provided.
Key Infrastructure Measures: Technology-domain-specific unit cost, productivity and performance measures for the IT infrastructure environments, including current year and multiyear averages for the mainframe, Windows server, Unix server, storage, end-user computing, IT service desk, data and voice network environments. Metrics by workload size are often provided
Key Applications Measures: Application development and application support spending and staffing metrics, project measures, life cycle phases, productivity and quality measures
Key Information Security Measures: Enterprise-level total spending and staffing measures
Key Outsourcing Measures: Enterprise-level total spending and staffing measures
IT Outsourcing Feasibility Study
The development of the Statement of Work: (SOW)
Detailed project requirements, bench-marking IT outsourcing contracts / SLAs, building process evaluation criteria, selecting the respective vendors to participate in the process, developing the RFP or RFQ, building a pricing methodology, developing time frames and notification to the vendors are essential factors that determine how the project will be handled, measured and subsequently implemented.
- Builds on technical and schedule evaluation results
- Translates technical and schedule risks into cost
- Derives cost estimate by integrating technical risk, schedule risk, and cost estimating uncertainty impacts to resources
- Prioritizes risks for program impact
- Documents cost basis and risks for the risk evaluation
Monitor and Control Risks
The monitoring and control process systematically tracks and evaluate the effectiveness of risk response actions against established metrics. Some techniques suitable for risk monitoring and control that can be used in a program-wide indicator system may include:
- Earned Value (EV)
- Program Metrics
- Schedule Performance Monitoring and
- Technical Performance Measurement (TPM)
Consolidated FATF Standards on Information Sharing
Gartner Symposium / ITxpo (The world's most important gathering of CIOs and senior IT executives)
Total Cost of (Non) Ownership of Applications in the Cloud: Download Now!
This whitepaper eliminates and compares direct and indirect costs of three applications for TCO comparing AWS Cloud to on-premises alternatives.
Comprehensive Guide to Project Management Schedule and Cost Control, A: Methods and Models for Managing the Project Lifecycle