IT Financial Management for Application and Support Rationalization

To reduce costs without negatively impacting the business, expenses that do not add value must be eliminated. The challenge is to identify the right candidates for rationalization among the many applications in the IT application portfolio.

This is a hard problem. The cost of an application is much more than software licenses and maintenance fees. Server, network, database, LDAP, backups, failover, redundancy, consulting and more all contribute substantial costs to running the application. With this complex range of cost drivers to be understood for each of the hundreds of applications delivered by corporate IT, it is vital to have continuous and systematic cost visibility in order to rationalize application and support offerings.

Manage the Cost and Value of your Application Portfolio

If you have ever struggled to reduce costs while continuing to meet business requirements, our IT Financial Management solution can answer key questions including:

• Which applications could operate with a reduced service level?
• Can we save money by terminating maintenance or ending the life of an application?
• How can our business application portfolio be effectively minimized?

IT Financial Management Delivers Tangible Benefits

For the teams responsible for business applications, visibility into costs delivers immediate savings. The ability to compare utilization , service levels, trends and support calls with cost is a great enabler for continuous and systematic application cost optimization, including:

• Application Portfolio Rationalization — Our IT Financial Management solution will rank all applications in your portfolio by cost, by priority, and by cost per user, immediately identifying those applications that are too expensive for value received.
• Reduction in Service Levels — Our IT Financial Management solution will uncover the applications that have high total and high unit costs, then drill down into reasons for excessive expenditures to identify applications that have the potential to deliver significant costs savings if service levels were reduced.
• End-of-Life Applications — Our IT Financial Management solution delivers visibility into the use of business applications including business priority, cost per user and usage trend to quickly identify candidates for end-of-life.
• Reduce Support Costs — With our IT Financial Management solution, you gain visibility into the overall support costs for all applications as well as the per user costs and number of support calls to easily identify candidates for support reduction.

Out-of-the-Box IT Financial Management

Our unique approach to IT Financial Management delivers the visibility into costs needed to continuously rationalize portfolios of business applications. Only our IT Financial Management solution:

• Analyzes "what-if" scenarios to estimate savings from application rationalization
• Delivers out-of-the-box application cost models
• Enables drill-down into any level of detail including unit cost, cost drivers, account type, users, support calls and SLA level
• Reports on applications that are candidates for end-of-life by identifying applications with low usage and high support costs
• Identifies applications that have the potential to stop support
• Gives visibility into applications with potential for consolidation