“Building cost optimisation initiatives without a proper understanding of costs is akin to building a house on sand.”
James Cockroft, Director, Coeus Consulting
The Ongoing Cost Challenge For IT Leaders
Too often, cost optimisation is a reaction to a challenge, not an embedded mindset. The cost challenge therefore moves from being an annual budget challenge to a continual ‘must’ for IT leaders, and a perennial challenge for CIOs – just as it is for any business leader.
A proactive, sustainable approach to IT cost optimisation requires three main elements: firstly, cost transparency, secondly, a practical and implementable approach to cost reduction and thirdly, the ability to manage IT as a value-driving entity.