Blogs Page Archive

Stop Running the Business of IT on Spreadsheets!

January 24, 2017  |   Blogs Page,ITFM Blogs,Slideshow   |     |   0 Comment

Stop Running the Business of IT on Spreadsheets! IT Executives have over leveraged Spreadsheets to run the business of IT. Recent industry analysts research shows that IT Executives have over leveraged Spreadsheets to run the business of IT. This has caused a myopic view of costs and investments. The problem is that the labor intensiveness and the underlying complexity of Spreadsheet-based IT financial analysis has caused cost allocation methods and investment decisions to be overly complex or too simple. For example, many IT organizations are continuing to apply a single top-down allocation method for the chargeback or showback of IT costs to business units. These organizations are typically allocating IT ...

Turn Your ITSM Solution “paper tiger” into a Cost-Cutting Machine

November 26, 2016  |   IT Service Management,ITSM Blogs   |     |   0 Comment

Turn Your ITSM Solution  “paper tiger” into a Cost-Cutting Machine Many IT organizations have implemented IT Infrastructure Library (ITIL)  IT Service Management (ITSM) Solutions and process improvements to streamline their operations. But, few have monetized improvements to demonstrate business gains. Without such quantification, further investment in ITSM-based improvements are nearly impossible to get executive approval. No business executive will continue to invest in solutions without clearly defined business relevant financial benefits — especially in today's economic environment. As a result, we have noticed many organizations are going with the least expensive SaaS-based ITSM solution available. To turn an existing or new ITSM solution purchase into a cost-cutting machine requires the integration of ...

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 ...

HDI July 2015 Meeting: IT Service Catalog Workshop

September 03, 2015  |   IT Service Management,ITSM Blogs   |     |   0 Comment

HDI July 2015 Meeting: IT Service Catalog Workshop   CIO Knowledge Byte   This workshop provided practical guidance and straightforward methods to help attendees effectively revitalize or kick-off, and accelerate their organization’s IT Service Catalog initiative. The IT Service Catalog allows you to ...  read more 

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 ...

The Anatomy of a Process – Part 3: You Need Process Improvement If

June 22, 2014  |   BPM Blogs,Business Process Management   |     |   0 Comment

The Anatomy of a Process – Part 3: You Need Process Improvement If Part 1: The Make-up of a Process | Part 2: Being a Process “The core idea is to maximize customer value while minimizing waste. Simply, lean means creating more value for customers with fewer resources. A lean organization understands customer value and focuses its key processes to continuously increase it. The ultimate goal is to provide perfect value to the customer through a perfect value creation process that has zero waste.” – From Lean Enterprise Institute (http://www.lean.org/whatslean/). A company needs process improvements when there is a realization that to be ‘the best it can be’, ...

DFW HDI – June Chapter Meeting

June 05, 2014  |   Events,IT Service Management,ITSM Blogs   |     |   0 Comment

DFW HDI – June Chapter Meeting Taking Your ITSM Strategy beyond the Service Desk: Financial Management for IT Services June 19th @ 1:30 pm - 4:00 pm MATRIX Resources 5151 Beltline Road, Suite 1010, Dallas, TX 75254 United States 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, ...

The Anatomy of a Process – Part 2: Being a Process

May 28, 2014  |   BPM Blogs,Business Process Management   |     |   0 Comment

The Anatomy of a Process – Part 2: Being a Process The following is Part 2 (Being a Process). In Part 1(The Make-up of a Process), I covered how appropriate methodologies and approaches to Business Process Management (BPM) enables organizations to become more effective and efficient by defining, analyzing and designing their processes. My overall intent in this writing this series is to encourage the use of common sense and practical approaches to implementing BPM. I believe using these strategies may provide a path forward that’s less intimidating to getting process work done. Also, I’m adding a slightly differing perspective to my view and examples. This was provided by my ...