Today’s shifting economic climate can place an inordinate amount of pressure on you to find the best quality and price of goods and services. You likely face some of these challenges:
Cost Reduction: You’ve adjusted from a recessionary-based survival mentality to an overall cost containment / reduction strategy. But at the same time, indirect spend issues related to IT sprawl make it difficult to inventory the applications you have, which ones you support, how the applications are related, and what software assets you own.
Administrative Complexity: As business requirements become more technically complex, it breeds administrative complexity—especially in the areas of contract and vendor management with multiple, sometimes conflicting, vendor engagements. The time and expense involved in managing these relationships to ensure proper delivery can be cumbersome, with a mix of too much time and expense.
Risk Management: With bankruptcies and credit constraints on the rise, you may be forced to make difficult trade-offs that affect continuity. Supply and demand shifts are changing markets that were once thought stable. To cope, it’s important to understand how your product roadmap has been affected.
Changing work styles have created an expectation for immediacy. It no longer suffices to handle customer inquiries or do your work when you’re back in the office. You need accessibility to communicate and collaborate with your colleagues, partners, and customers in real time—regardless of location, network, or time of day.