According to industry analysts Gartner Research, the difference in cost between an unmanaged and a well-managed system can be as much as 36%. This is particularly significant given that in today’s times, budget costs are much more the norm than budget increases. But how do you get from an unmanaged to a well-managed state? The answer: standardized processes that rely on automation to reduce potential diversity with deployed systems.
Why is IT Lifecycle Management Important?
In a world of fast paced changes, business operations, management, and IT have to be able to adapt to an ever changing environment and aligning IT to the role of strategic partner is the most effective way to accomplish this goal.
IT organizations need recognize this and work closely with the rest of the business to marshal IT resources in support of business objectives. Organizations that can effectively coordinate with IT and move quickly to capitalize on opportunities can take the early initiative in the marketplace to deliver the products and services customers demand.
Business managers see things from a business-process perspective and see IT as a provider of services that support their business processes and related applications. Typically, they have little understanding of the relationships between business services and the components of the IT infrastructure supporting them. This must change in order to better harness what IT offers for the benefit of the business.
Time- to-value, achieving regulatory compliance, and increasing return on IT are now the key critical success factors for IT projects.
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