All businesses are on a constant search for new ways to minimize costs and improve the bottom line, but too often, IT departments find their budget first on the chopping block. Reliable IT operations is key to driving revenue, but it only accounts for an average of 4% of operating costs. Rather than making cuts to a core business driver, enterprises need to carefully optimize IT operations in order to minimize costs and risk while maximizing business value.
No business today can thrive without a solid technology base to support it — that means IT cost optimization should really be about business optimization. Simply making cuts to IT could unintentionally hinder your company’s operations, as well as your customers’ experience.
Maximize Business Value
If you are having trouble measuring the business value of IT investments, consider a business value dashboard (BVD). BVDs translate performance analytics into an easy-to-understand language of cost and profit, providing on-demand, at-a-glance views of how IT investments contribute to overall business success.
IT dashboards connect IT operations metrics with business data, transforming the conversation from IT as a cost center to IT as a business driver. Measure progress towards achieving your optimization goals in a way that is easy not just for IT, but for business leadership to understand.
Gain insights such as:
With IT dashboard solutions, you can go far beyond avoiding harmful and unnecessary budget cuts — you can boost the importance of IT’s role in your company.