CIOs Must Take Stock!

by

You’ve taken the obvious steps to cut costs in your application portfolio, so where do you go next?  With a large, dispersed IT infrastructure and systems that operate in silos, often with duplicative functionality, it’s not necessary to take on your portfolio in a single bite.

To get started, you simply need answers to basic questions that will define the direction that the organization takes to optimize the value of its IT portfolio such as:

  • What do we own?
  • Is it healthy?
  • Is it redundant?
  • Is it being used?
  • Is it necessary?

In our new ebook, “CIOs Must Take Stock! Simple Steps to Understand your Application Portfolio,” we give practical advice and best practices to achieve success.

  1. Take Stock: It’s not as hard as you think to take an inventory of your systems. Avoid the urge to collect TOO much information and instead focus on simplicity.
  2. Find Quick Wins: After you have the inventory in hand, you’d be surprised how easily the first set of quick wins will emerge. Simply reducing the total number of apps and complexity will translate into hard savings.
  3. Compare Data: Using a simple set of metrics based on objective assessment in conjunction with industry benchmarks arms you with normalized data that can be used for effective comparison.   This is the only way to avoid bias and turf wars when it’s time to make hard decisions.
  4. Repeat: This process only works if you run it continuously.  The value from collecting, assembling, analyzing, and reporting on a large portfolio provides a return on effort that would greatly benefit any organization.

Want to learn more?  Read the ebook, and you’ll be on your way to increasing visibility into IT assets and projects so you can make more sound investment decisions.

Filed in: CAST News
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Pete Pizzutillo VP Corporate Marketing at CAST
Pete Pizzutillo is Vice President of Corporate Marketing at CAST. He is responsible for leading the integrated marketing strategies (digital and social media, public relations, partners, and events) to build client engagement and generate demand. He passionately believes that the industry has the knowledge, tools and capability such that no one should lose customers, revenue or damage their brand (or career) due to poor software. Pete also oversees CAST’s product marketing team whose mission is to help organizations understand how Software Intelligence supports this belief. Prior to CAST, Pete oversaw product development and product management for an estimating and planning software company in the Aerospace and Defense market. He has worked in several industries in various marketing roles and started his career as an advertising agency art director. He is a graduated of The Pennsylvania State University with degrees in Business Administration and Art. Pete lives in New Jersey with his wife and their four children. You can connect with Pete on LinkedIn or Twitter: @pizzutillo.
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