Nowadays, every company is using and consuming IT resources. There is too much cost used by too many servers, laptops, storage capacity, and the software license. The license is one of the resources that is sometimes underused, undiscovered, idle, or installed incorrectly, and consumes a lot of funding. A centralized IT team can lead the effort for license optimization by keeping track of used software licenses and retiring additional licenses. They can save costs by negotiating a bulk discount with the vendor.
To increase IT efficiency, you may want to cancel non-compliant projects that take additional funding and resources. Also, you should help teams to revisit the strategy to continuous support or terminate any unused and non-aligned projects. The following methods can be considered for cost optimization:
- Re-evaluate projects with high costs but that may not be well aligned with the business vision. Reshape projects that have high value but not direct reports...