New report: Managing Corporate IT Cost Savings
Nordic best IT practices 2009
While the IT unit may be challenged to reduce its own costs, there is a growing realisation that the effectiveness of IT can affect a company’s overall cost position and strategically increasing the spending on information technology can drive even greater costs out of other parts of the business. For example, automating routine and manual processes (e.g. the processing of insurance claims), reduces overall business costs.
Although spending on IT often only makes up a small share of the total company costs, senior non-IT executives frequently turn their attention to IT budgets for substantial cost saving contributions. However, in many cases, IT delivers more value to a company by creating new efficiencies in the business operations than any savings gained from traditional cost cutting can generate.
The report maps out major aspects of IT-related cost savings in large Nordic companies. This entails looking at such areas as how costs can be reduced within the IT unit as well as how companies use IT to save business costs. This report will give you valuable insight into how large Nordic companies handle IT cost-saving requirements in the economic downturn.
Read more about the report in our Research Store.