When total and future IT costs aren’t well understood, it’s difficult to determine how potential initiatives will affect your infrastructure, maintenance, training, and licenses or to answer questions like, “How will the roll out of new services affect costs for remote offices?”
We recently launched our IT Cost Modeling and Budget Analysis Service that delivers a comprehensive look at your IT spend and includes a robust examination of your future budget, which allows you to confidently predict your IT costs for three to five years – difficult to do but imperative with today’s complexities.
By providing an interactive tool that documents all assumptions and expected expenditures while accommodating growth and alternative project scenarios, this service provides a baseline financial stance, so you can easily evaluate the impact of budget changes. You can then use this streamlined tool to help you communicate budget needs and constraints to upper management, demonstrate the effects of various variables, and articulate how IT is supporting and facilitating the business as it grows.
The tool and its reports also help support a number of use cases, including:
- IT Strategic Planning: Providing costing and profit and loss (P&L) analysis for IT strategic planning initiatives.
- IT Budgeting: Developing planning tools to help with IT budgeting preparation.
- Mergers and Divestitures: Quantifying the costs of IT for mergers and acquisitions (M&As) and divestiture planning.
- IT Process Improvement: Supplementing IT process initiatives and frameworks like ITIL.
Setting the table for your IT project’s success requires detailed cost modeling and budget analysis. Let ASG Consulting Services help!