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Building the Business Case for IT Asset Management. Kris Barker, Co-Founder and CEO Express Metrix. About Express Metrix. Provider of IT asset management solutions Hardware & Software Inventory Software Usage Metering License Management Profitable and privately held
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Building the Business Case for IT Asset Management Kris Barker, Co-Founder and CEO Express Metrix
About Express Metrix • Provider of IT asset management solutions • Hardware & Software Inventory • Software Usage Metering • License Management • Profitable and privately held • Over 1.8 million users worldwide • 13+ years of continuous product development • Recognized for quality of products and support
Agenda • ITAM Challenges • Common Pitfalls • Building the Business Case • Overcoming Management Objections • Quantifying ROI • Q & A
ITAM Challenges • Building a strong business case / internal selling • Cross-departmental coordination / support • Competing objectives among business & IT • Disconnect between those with the power to say “yes” and those who understand the problem • Internal resistance & course corrections are to be expected
Common Pitfalls • Failure to obtain management buy-in • Lack of ITAM knowledge • Lack of dedicated cross-functional team • Failure to recognize & inform less obvious stakeholders • Poor process definition, over-emphasis on tool • Biting off too much at once • Failure to document & share successes
Building a Strong Business Case
Align Business & IT! • Understand business initiatives, and IT’s role relative to those initiatives • Reduce costs? • Increase revenue? • Improve service levels? • Manage risk? • Map ITAM business case to initiatives • Ensure metrics for measuring program success are connected to business initiatives
Debunk the Myths ITAM is not… • A technology solution • Just about licenses or compliance • A silver bullet or quick fix • Just an IT issue • A one-time “project”
Evangelize the Benefits!!!
Cost Reduction(Hard-Dollar Savings) • Reclaim unused licenses; avoid unnecessary purchases & maintenance fees • Take advantage of the best licensing program options • Standardize the desktop environment • Establish more effective long-term IT planning & budgeting practices
IT Efficiencies(Soft-Dollar Savings) • Automate manual processes • Centralize hardware & software asset tracking • Prepare for technology upgrades / migrations • Extend inventory data to support staff for troubleshooting • Reduce support incidents & training costs via software standards
Risk Mitigation(Cost Avoidance) • Monitor & ensure license compliance • Mitigate regulatory compliance risks via improved IT governance & controls • Reveal intellectual property liabilities & vulnerabilities (music piracy, spy ware, chat programs, file-sharing apps) • Ensure machines meet security & software standards
Competitive Advantage(Revenue Acceleration) • Make better quality decisions via more complete & transparent information • Rapidly handle IT aspects of M&A and departmental changes • Improve worker productivity • Deploy new technology more quickly & reliably
Employ Successful “Selling” Techniques • Be patient and “stay the course” – it will pay off! • Understand the “CXO” mindset, speak the language • Embrace a presentation style that’s appropriate for executive audience • Find the right project sponsor to “champion” the cause
Quantify the ROI • Rule of thumb: If it’s not an “essential” program, you need to justify it • Start with software – higher level of investment and therefore savings potential • Under-promise and over-deliver • Communicate only those results you can document & verify • Run pilot program, demonstrate potential impact of broader program
Thank you! Express Metrix: www.expressmetrix.com ROI Model: www.expressmetrix.com/roi Kris Barker: kbarker@expressmetrix.com