FEATURE : 2022 : THE CIO ’ S PRIORITIES with the goal of streamlining the effectiveness of your organisation . On their own , though , these tools don ’ t provide comprehensive visibility into your IT services or finances , respectively .
These solutions can inform you of overall spend and annual spend per vendor , for example , but can ’ t deliver important information needed to protect and support your business such as : the number of available licenses ; your compliance stance after an IT request is fulfilled ; how you may be able to reallocate or rationalise ( and save money on ) licenses ; whether your applications are at the End of Life ( EOL ) or End of Support ( EOS ) – and the implications , including security vulnerabilities .
These functionalities can all be improved by feeding current , enriched IT asset data into your ITSM and ITFM solutions .
Be aware of the opportunity costs of stagnation
Perhaps above all , precision planning can help prevent your IT infrastructure – and associated costs – from spiraling out of control .
An enterprise-wide initiative requires a modest amount of effort but can pay dividends by eliminating the waste that eats into profitability and into your ability to innovate .
On the flip side , doing nothing can be expensive and complicated . As SaaS adoption and cloud costs grow , as visibility into your IT estate gets murkier , and if Digital Transformation stalls , the costs of stagnation can exacerbate the underlying issues throughout not only your IT estate , but across the entire enterprise . p
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