IT Strategy Archive

HDI Houston: Financial Management for the Business Focused IT Executive

September 06, 2016  |   Events,IT Strategy   |     |   0 Comment

HDI Houston: Financial Management for the Business Focused IT Executive

DFW HDI Meeting: Guest Speaker Charles Williams

May 11, 2016  |   Events,IT Strategy   |     |   0 Comment

DFW HDI Meeting: Guest Speaker Charles Williams May Chapter Meeting: Financial Management for IT Services May 19th @ 1:30 pm - 4:15 pm This session discusses how IT Financial Management (ITFM) guidance and methods apply to an ITSM strategy to better align the IT organization to meet the needs of the business. The speaker provides a prescriptive approach of how TCO (Total Cost of Ownership), ABC (Activity-Based Costing) accounting disciplines, and ITSM (IT Service Management) practices are used to do IT Service Costing that meets today’s challenges to optimize or reduce spending, while also increasing business demands for services and service levels. Attendees will take away how IT Service Costing ...

IT Service Costing, “A Proven Approach to Measure the Cost and Value of IT” Webinar Recording

November 12, 2015  |   IT Strategy,ITFM Blogs   |     |   0 Comment

IT Service Costing, “A Proven Approach to Measure the Cost and Value of IT” Webinar Recording   CIO Knowledge Byte   This webinar will show you practical methods and concepts to accurately measure and manage the cost your IT organization’s Services. Learn how IT Leaders are: Establishing the true cost, value and usage of IT Services delivered to each Line-of-Business (LOB) Developing financial analytics to illustrate the value of IT Service vs. ...

Novation Agreement For IT Service Financial Management (ITSFM) Solutions

October 01, 2015  |   COp-S Blogs,IT Strategy   |     |   0 Comment

Novation Agreement For IT Service Financial Management (ITSFM) Solutions KEDARit announced an agreement with Novation, a leading healthcare services company, to offer its members and affiliates Software as a Service (SaaS) IT Financial Management (ITFM) Solutions. In today’s complex technology environment, IT organizations are expected to optimize budgetary spending, while providing greater levels of service and support. Read more…

What are Industry Analyst saying about KEDARit?

What are Industry Analyst saying about KEDARit? Here are a couple of links to what IT Industry Analysts say about KEDARit and our SaaS Cost Optimization Service (COp-S™) Solution offerings. 451 Research Provides information technology research and timely insight into the competitive dynamics of innovation in emerging technology segments. Computer Economics Provides metrics for IT management. They conduct original research regarding the strategic and financial management of information systems. Their research is quoted widely in the business press and in major news publications such as the Wall Street Journal and the New York Times. Gartner Provides information ...

7 Essentials for Creating a S.M.A.R.T. Service Catalog

October 06, 2014  |   IT Strategy,ITFM Blogs   |     |   2 Comments

7 Essentials for Creating a S.M.A.R.T. Service Catalog Presenter: Charles Williams, IT Strategy Practice Leader Title: 7 Essentials for Creating a S.M.A.R.T. Service Catalog Abstract: The disconnect between business goals and IT priorities consistently ranks among the top three issues facing CIOs year after year. While the specific wording varies from survey to survey, the strong message is the same -- business unit executives and end users alike don't trust that IT is working on the right things, at the right time, and for the right reasons to move the business forward. Gone are the days when just managing technology was enough to ...

Five IT Service Costing Best Practices for Complex IT Organizations

May 27, 2014  |   IT Strategy,ITFM Blogs   |     |   0 Comment

Five IT Service Costing Best Practices for Complex IT Organizations The concept of allocating the cost of IT services (commonly called “IT service costing”) is not new. Organizations since the 1980s have been doing zero-based budgeting, activity-based budgeting since the 1990s, and portfolio management since the 2000s. Today’s on-demand and pay per unit consumption business mentality present significant challenges to traditional IT organizations. This new on-demand pay per unit consumption mentality is forcing business leaders to probe deeper into the use and value of IT expenditures by asking questions such as: What services do I use and how much of that service do I use? Are my IT expenditures market competitive? What is ...

Kicking the 80/20 Budget Habit

March 27, 2014  |   IT Strategy,ITFM Blogs   |     |   0 Comment

Kicking the 80/20 Budget Habit Perhaps no C-level position has undergone as many changes in expectations, approaches, and philosophies over the past decade as that of the Chief Information Officer. CIOs have never had such a glorious—and challenging—opportunity to deliver significant, enduring, and transformational business impact and customer value as they do today. But it’s not a job for the faint of heart. Any CIO seeking the return to the good old days of bonuses based on uptime and SLA compliance should expect to be re-organized out of the CIO job and offered a position as Director of Infrastructure or Senior Project Manager. For example, if the answer ...

How to Achieve CIO Longevity and Know If You’re Not

January 24, 2014  |   COp-S Blogs,IT Strategy   |     |   0 Comment

How to Achieve CIO Longevity and Know If You’re Not If you are an IT functional leader like a CIO, or even aspiring to be a CIO, your role is more challenging today than ever before. In the past, IT leaders were primarily evaluated on their personal leadership qualities — their interpersonal skills and strategic insight were the primary source of their success. But, today things have changed. Peers and senior managers view success of IT leaders today by how well they have differentiated IT capabilities and services that are shared across the enterprise. Far too often we have seen IT ...

Measure “Cloud Solutions” Impact

September 09, 2013  |   COp-S Blogs,IT Strategy,Slideshow   |     |   0 Comment

Measure “Cloud Solutions” Impact How to determine the real cost and value of your Cloud Solutions. The first step to measuring the Clouds impact on IT cost is to identify the current capabilities of your IT organization. The difficulty in doing this is that most budget models are rooted in complex technology architectures and a host of other technology driven costs. Today’s C-level executives are challenged to illustrate how their strategies and methods scale to meet business objectives. When addressing Cloud Solutions this challenge becomes even more difficult, where usage and cost comparisons are necessary in order to evaluate the ...