Strategic IT Cost Reduction Framework
Hospitality and gaming companies need to examine their cost structures during a downturn. CIOs must achieve substantial and measurable cost improvements in an aggressive timeframe, without impacting business goals. They need to adopt an enterprise-wide, holistic approach that examines IT spend and prioritizes the right IT cost reduction opportunities.
Infosys Strategic IT Cost Reduction Framework enables CIOs to realize significant cost savings. Our framework identifies potential savings opportunities, validates, analyzes and aligns them with business priorities and structures a comprehensive program plan.
|Lack of clearly defined objectives, constraints, parameters and measures of success
||Examines and prioritizes all sources of IT spend based on short-term and long-term goals
|Lack of commitment, sign-off, ownership and accountability from key stakeholders
||Implements an enterprise-wide program to reduce overall IT costs
|Absence of an integrated enterprise-wide program with the required governance and program management infrastructure
||Sustains and improves the achieved IT cost reduction
|Lack of transparency/visibility into current IT costs and cost drivers, including shadow IT spending
||Establishes a clear charter for cost reduction program with objectives, expectations, measures of success, constraints and accountability
|Cost reduction addressed through isolated efforts
||Ensures continuity between assessment and execution
|Lack of required integration/alignment with the business
||Adopts rigorous program management and governance