Keeping pace with today’s volatile and intensely competitive business environment demands an IT function that drives speed and agility.
Whether managing weak economic conditions or handling the uncertain nature of global growth, C-suite leaders need to address both cost and its context, delivering the new IT to realize value in their businesses.
Cost reduction often begins with IT. Frequently viewed as a significant cost, yet at the same time expected to deliver technology that transforms how a business operates, IT cost reduction is becoming more challenging than ever. After many years of identifying IT savings, CIOs have typically exhausted any “quick wins.”
By taking advantage of new technologies, CIOs are better positioned to launch the next wave of cost reduction. For those CIOs seeking to reduce the cost of business operations and increase flexibility, strategies that exploit new technologies can help to manage changing conditions while gaining greater efficiencies.
Accenture identifies and explores four waves of cost reduction to help organizations reduce cost while increasing the benefit that IT can deliver to the overall business.