Technology Cost Management

In the current economic climate, cost management is back on the agenda for many companies. Whilst simply slashing headcount is sometimes the only solution, it is usually traumatic and can result in tangible, longer term problems (e.g., through loss of skills). However, more rigorous and analytical approaches exist that allow an organisation to manage costs down without wholesale headcount reduction.

In the context of the technology supporting the business, there is a range of techniques that can be applied to manage and reduce costs. These techniques use a battery of tools to analyse the drivers of cost within an organisation and then progress to execute the necessary steps to reduce the overall expense base and increase profitability. They range in scope from a narrow focus, say, on sourcing specific expense categories to full transformation.

Sixhills has a broad range of experience applicable in technology cost management and can help you to reduce your IT cost base