Remember the beginning of 2020? Back then – and by “back then” I mean four months ago – we were focused on growth and hitting revenue targets. How quickly we shifted from investing in capabilities and growth, to focusing on reducing operations and minimizing our spend. This is what happens when we deal with a global pandemic.
There are simple measures we have all taken to immediately reduce costs by halting current projects, eliminating groups and capabilities with lower value, and so on. But the difficult part may be looking at our entire portfolio of services and applications and truly evaluating what we need, what we should invest in, and what we should consolidate or eliminate.
An Application Rationalization project can have an immediate and significant benefit to your bottom line. All too often environments are cluttered with applications that have little use and/or provide little value. But the applications continue to live, and we continue to pay for them because no one has the bandwidth to evaluate their organization’s current needs and keeps moving along, business as usual.
It’s quite likely that different groups within your organization use various platforms to enable the same capabilities, and you’re probably paying for all of them one way or another. With some simple training and standards establishment, there can be tremendous savings in license and maintenance fees, support costs, and infrastructure costs. The results of an Application Rationalization project can save most organizations thousands of dollars in the short-term by eliminating unnecessary licenses, to saving hundreds of thousands of dollars – even millions – in operating costs.
Application Rationalization is a quick way to find wasted budget dollars that can reallocate immediately.
The results of an Application Rationalization project can have other benefits. This process can be the basis for establishing new application and infrastructure standards, as well as simplifying and streamlining the offerings to the business. Simplicity is often the secret to success.
OwlPoint’s proven Application Rationalization is a high-value service that can have a significant positive impact on your organization – especially in times like this. With the savings yielded, your organization will be able to excel in today’s current environment and have a strong foundation to grow and mature in the future.
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