SlideShare una empresa de Scribd logo
1 de 6
Solutions
IT Costs, Roadmap for 2013
Rapid growth of Information Technology (IT) has changed the whole scenario of business planning, handling and its
development. No enterprise can avoid smart Phone devices these days, if any enterprise wants to stand in the market.
IT not only provides ease of work but it increases productivity which results in increased ROI. Let’s find out what role
IT has to play, financially in your business or enterprise.
How did IT enter in this circle?
Mankind has seen several revolutions and ages while growing to present time. We have seen a long agricultural age
where labor was seen as a key parameter to measure performance and success. Time has passed, and we saw a
Renaissance in industrial age which eliminated labor at various levels. The most critical resource and key performer in
industrial age was capital. The more capital you have, the more speedily you reach the heights of success.
However at this present time, i.e. post-industrial age, we are seeing that capital is no more a key role player in
business or development. Most critical resources in today’s scenario is – Information. Growth, Survival and Success
of any organization today is determined by how it manages information intelligently. In fact organizations have started
a top level management post, i.e.Chief Information Officer (CIO) in their organizational chart.
For managing and accessing information, we have to start using devices whose primary operations which were based
upon processing information. These all came into action with the use of primary calculating and communicating
devices like a calculator, telephone, fax and early stage computers. In the beginning of this age, it was still capitalists,
who could afford the luxury of computers. Time passed, and computers became more powerful tool for development.
The discoveries have changed the computational accuracy, its time of operation with its size.
It first entered with roles in primary billing and then in stocks and inventories. For a long time, computers remained in
back office operations. The computer has limited role or financial implications were only assigned to them; until we
entered into the era of the Internet.
The Internet has paved IT sector an important place in corporate and business circles. Starting from simple mail
checking and file sharing procedures, we are now in the time where corporate giants are adopting Bring Your Own
Device (BYOD) policies. Nothing of these can be done if it is not passed through a comprehensive planning and
processing, which includes financial planning too. Hence, it is unavoidable to assign a significant role in IT sector in
your financial strategy for next year.
Why IT has a Key Role in Strategic Planning today?
We all live in a time, where we cannot afford to lose. It’s a fast era. And to stand in the competition, we need to stay in
loop of advanced business tactics. There are various reasons because of which role of IT is changing in business
these days. Discussing them in brief here will help us understand the scenario in a better manner.
Competition:
Intense level of competition in any business these days are forcing companies to be more and more productive and
promising. Information Technology equips the companies to get an edge and provide them with efficiency and
effectiveness in any work.
Globalization:
Business operations like procurement, manufacturing, marketing and sales are becoming global day-by-day. Time
and space are not the constraints to any business now a day as it can get global recognition with the help of
Information Technology.
IT Revolution:
We get better performance and smarter device for the very least amount of financial investment. Information
Technology has enabled a mass of people to use smarter devices which has taken the customer or client closer to
the business holder.
These are merely some points highlighting on very basic fundamentals about the increased importance of IT in every
business – small or big.
Information Technology – In Today’s Perspective
If we look at the core, IT entered the business sector and enterprises with some selected workloads like data
management, print sharing, email , networking and collaboration, identity and access to the use of computers,
network and terminals. However, basic definitions remains same, today these operations have taken a large role and
some additional factors have also influenced corporate giants to adopt the latest technologies.
Mobility:
If you think of IT today, and try to emphasis on the last big feature it has
gained, what would you be your answer? It's nothing but Mobility. No more
information is locked in a local terminal nowadays. All these started with
portable computers, laptops and now tablets and Smartphones. IT has reached
to large masses – individuals and organizations. Hence, to strengthen IT it
should reach more people today.
E Commerce:
Another big aspect is to consider is an Internet. It is not a source of
informational exchange. It is one of the business constituents via online
shopping and eCommerce facilities. Banking online and annual average
financial transactions are increasing day by day due to unveil of eCommerce.
Hence, your IT backbone can certainly bring more amount of money in
comparison to what you save by avoiding it.
Increased Capabilities:
With time passing, technological devices are becoming more and more
capable and efficient. Both hardware and software are becoming smarter day
by day. For example, a lot of physical drawing trials for constructing a building
have been replaced by high end Computer Aided Design. And with hardware
and software becoming stronger and efficient, you can now easily have a 3D
view of the drawings which was not possible earlier. External device integration
allows computational devices to be more powerful and performing.
App World:
Other than advancement in software, small sized website and mobile applications
have changed the way we perform little tasks with much time and effort. Now they
are merely a click away. This not only saves time but also provide solutions to
some really critical issues. Apps being in Smartphones and tablet PCs, they can
solve a lot of the organization’s problems while also increase efficiency and
productivity.
The example is pocket sized Smartphones which are more powerful device than early giant computers in terms of
functionality, usability, and many more.
Social Media:
Social Networking has a lot of advantages over classical e-mail communication.
Increased use of social media sites and networks has changed the way of
communication and has also made a lot of enterprise tasks like looking for and
hiring some skilled personnel, advertising or spreading a message to a mass, etc.
possible and easier.
What IT can do for my Organization?
A beginner’s approach to use Information Technology in any form for the organization will be cost control. This is
achieved mainly by automation of certain roles and functions. This part of IT can mainly provide your organization a
data processing help.
Thinking higher prospects, the next step is to automate the inter-organizational functions like supplies, sales, and
delivery. This involves intranet or basic internet facilities with functional standardization and some external hardware
integration.
Think of IT as a Smart Investment – Road ahead for 2013
You invest some money and you get it back with a certain amount of profit – a simple most phenomenon for every
business. This implies one straight forward fact, that you get more profit if you invest more. These definitions have
changed their structure since last couple of decades due to rapid development in Information Technology (IT).
Since Chief Information Officers (CIOs) have changed definitions by using IT from cost saving to growth, a need for
efficient and cost effective IT strategy has raised. On the other hand, spending freely on IT is also not advisable. Many
of the organizations have innovated their IT best practices for minimizing the cost and its efficient use in Present IT
Solutions. And most importantly, these best practices seldom require new hardware or software but only require
effective planning from whatever is present.
Some of the points, which an organization should take into account while defining IT cost for the next few years,
would be –
The next approach is where the most of our companies stand today, to reach end-user directly or indirectly. This is
possible only due to merger of telecommunication industry with IT. A lot of financial interfaces and higher security
standards are needed. However, at this level, a promising ROI starts building up and whatever has been spent on IT
starts coming back.
Now, as a roadmap for 2013 and for the years to come in this decade, IT is lot more than whatever is described above.
Whatever, we talked till now is directly related to sales and ROI of the company. However, new strategies focus less
upon costs and sales related uses and more upon IT as a key business parameter and show-runner.
Using the IT resources reduces production cost and decrease the market price that ultimately attracts customers to
your business. With the availability of mobile devices, you can provide excellent service with financial accuracy to the
customers which increases customer satisfaction ratio and retains your customer for a long time.
One important parameter which most of us miss is to use IT in the standardization process for giant corporate
houses. This standardization removes a lot of barriers between the two organizations and drastically decreases the
chance of errors, which sometimes may cost a lot. Some of the procedures where this standardization will be useful
are –
Market Driven Reorganization
Mergers and Acquisition
Downsizing and Consolidation
Security and Crisis Management
With IT, as a competitive advantage factor, where every organization has to rethink upon technology adoption at their
level. IT has to be associated with growth and progress as major objective and not cost saving. Too much cost Control
in IT can be really harmful for the development of the company.
Do not think of IT as a cost, think of it as a smart investment and a strategy maker and then allocate a budget.
This will be laid a foundational stone for any organization to grow and flourish.
About Softweb Solutions
Softweb Solutions is itself a brand among IT strategy planners. We provide hardcore IT services like enterprise
mobility, business needs and industry specific solutions. We are serving on every technology in demand today, like
.NET, Java, Sybase Unwired Platform, CMS, HTML 5, iOS, Android, and a lot more. Contact us on
or visit our website for more details.info@softwebsolutions.com www.softwebsolutions.com
Align all the business units on single IT infrastructure or platform. With experts on the panel, decide which kind
of IT combinations would best suit your business or organizational functions. However, compatibility must also
be answered.
Assess each and every level of your present IT infrastructure and improve where it is necessary. Spending too
much without proper assessment is not a wise idea to follow.
Optimize IT infrastructure for your company all kinds of operations. Implement best practices. This will improve
efficiency and will allow present resources to be useful on strategic activities.
Review your policies once again, whether your company can implement a strong Bring Your Own Device (BYOD)
policy or not. Many organizations have started implementing best practices for BYOD policies. This saves a lot of
cost, increases employee satisfactio, enhances the sales force, and creates new mobile workforce opportunities.
By 2017, more than 38% of the companies will have their strong BYOD program and will stop providing devices
to the employees.
Focus on both internal and external parameters. Hire some good strategy for internal operations and inter-
organizational standards. On the other hand, leverage your capabilities for external exposure of your brand on
web world as well as tablets and smartpones with mobile apps and device compatible web applications.
There are always professionals available who are ready to take challenges. You can think of collaborating with a
professional IT firm, which can help you out in building state of the art infrastructure. This provides a
professional touch to everything you ave and frees a lot of your company pressure for IT implementation.
Seeing the overall picture, we can construct a solid roadmap for 2013 with IT costs as a major objective. This is not
about the IT marketing campaigns but it is all about IT implementation into your enterprise. It is about having IT
strategical implementation – a cost effective technique. An optimized IT strategy can promisingly increase growth rate
and efficiency of your organization. It’s time to move from Just an IT innovation to core business strategies.

Más contenido relacionado

Más de Softweb Solutions

Top 8 questions to ask to an IoT platform provider
Top 8 questions to ask to an IoT platform providerTop 8 questions to ask to an IoT platform provider
Top 8 questions to ask to an IoT platform providerSoftweb Solutions
 
Deep Dive into Service Design
Deep Dive into Service DesignDeep Dive into Service Design
Deep Dive into Service DesignSoftweb Solutions
 
Leverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing SolutionsLeverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing SolutionsSoftweb Solutions
 
Big Data in Action : Operations, Analytics and more
Big Data in Action : Operations, Analytics and moreBig Data in Action : Operations, Analytics and more
Big Data in Action : Operations, Analytics and moreSoftweb Solutions
 
Sensors, Wearables and Internet of Things - The Dawn of the Smart Era
Sensors, Wearables and Internet of Things - The Dawn of the Smart EraSensors, Wearables and Internet of Things - The Dawn of the Smart Era
Sensors, Wearables and Internet of Things - The Dawn of the Smart EraSoftweb Solutions
 
Secure and scalable motioning solution with aws
Secure and scalable motioning solution with awsSecure and scalable motioning solution with aws
Secure and scalable motioning solution with awsSoftweb Solutions
 
How enterprise can benefit from internet of things
How enterprise can benefit from internet of thingsHow enterprise can benefit from internet of things
How enterprise can benefit from internet of thingsSoftweb Solutions
 
Enterprise Mobility Solutions for Manufacturing Industry
Enterprise Mobility Solutions for Manufacturing IndustryEnterprise Mobility Solutions for Manufacturing Industry
Enterprise Mobility Solutions for Manufacturing IndustrySoftweb Solutions
 
Noti-fi Android App at Softweb Hackthon 2014
Noti-fi Android App at Softweb Hackthon 2014Noti-fi Android App at Softweb Hackthon 2014
Noti-fi Android App at Softweb Hackthon 2014Softweb Solutions
 
Song Sharing with Nodejs - Softweb Hackathon 2014
Song Sharing with Nodejs - Softweb Hackathon 2014Song Sharing with Nodejs - Softweb Hackathon 2014
Song Sharing with Nodejs - Softweb Hackathon 2014Softweb Solutions
 
Tracking Application - Softweb Hackathon 2014
Tracking Application - Softweb Hackathon 2014Tracking Application - Softweb Hackathon 2014
Tracking Application - Softweb Hackathon 2014Softweb Solutions
 
Beacon applications - Softweb Hackathon 2014
Beacon applications - Softweb Hackathon 2014Beacon applications - Softweb Hackathon 2014
Beacon applications - Softweb Hackathon 2014Softweb Solutions
 
Softweb Hackathon iOffice - An iBeacon App
Softweb Hackathon iOffice - An iBeacon AppSoftweb Hackathon iOffice - An iBeacon App
Softweb Hackathon iOffice - An iBeacon AppSoftweb Solutions
 
Mobile application management (mam) in enterprise management
Mobile application management (mam) in enterprise managementMobile application management (mam) in enterprise management
Mobile application management (mam) in enterprise managementSoftweb Solutions
 
Discover the power of QA automation testing
Discover the power of QA automation testingDiscover the power of QA automation testing
Discover the power of QA automation testingSoftweb Solutions
 
Developing mobile sales app for a hardware manufacturer
Developing mobile sales app for a hardware manufacturerDeveloping mobile sales app for a hardware manufacturer
Developing mobile sales app for a hardware manufacturerSoftweb Solutions
 
iPad App for Tracking Goals and Performance
iPad App for Tracking Goals and PerformanceiPad App for Tracking Goals and Performance
iPad App for Tracking Goals and PerformanceSoftweb Solutions
 
Legislation Tracking App for Government Affairs Personnel
Legislation Tracking App for Government Affairs PersonnelLegislation Tracking App for Government Affairs Personnel
Legislation Tracking App for Government Affairs PersonnelSoftweb Solutions
 
Google Glass in the workplace
Google Glass in the workplaceGoogle Glass in the workplace
Google Glass in the workplaceSoftweb Solutions
 

Más de Softweb Solutions (20)

Top 8 questions to ask to an IoT platform provider
Top 8 questions to ask to an IoT platform providerTop 8 questions to ask to an IoT platform provider
Top 8 questions to ask to an IoT platform provider
 
Deep Dive into Service Design
Deep Dive into Service DesignDeep Dive into Service Design
Deep Dive into Service Design
 
Leverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing SolutionsLeverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing Solutions
 
Big Data in Action : Operations, Analytics and more
Big Data in Action : Operations, Analytics and moreBig Data in Action : Operations, Analytics and more
Big Data in Action : Operations, Analytics and more
 
Sensors, Wearables and Internet of Things - The Dawn of the Smart Era
Sensors, Wearables and Internet of Things - The Dawn of the Smart EraSensors, Wearables and Internet of Things - The Dawn of the Smart Era
Sensors, Wearables and Internet of Things - The Dawn of the Smart Era
 
Secure and scalable motioning solution with aws
Secure and scalable motioning solution with awsSecure and scalable motioning solution with aws
Secure and scalable motioning solution with aws
 
How enterprise can benefit from internet of things
How enterprise can benefit from internet of thingsHow enterprise can benefit from internet of things
How enterprise can benefit from internet of things
 
Enterprise Mobility Solutions for Manufacturing Industry
Enterprise Mobility Solutions for Manufacturing IndustryEnterprise Mobility Solutions for Manufacturing Industry
Enterprise Mobility Solutions for Manufacturing Industry
 
Noti-fi Android App at Softweb Hackthon 2014
Noti-fi Android App at Softweb Hackthon 2014Noti-fi Android App at Softweb Hackthon 2014
Noti-fi Android App at Softweb Hackthon 2014
 
Song Sharing with Nodejs - Softweb Hackathon 2014
Song Sharing with Nodejs - Softweb Hackathon 2014Song Sharing with Nodejs - Softweb Hackathon 2014
Song Sharing with Nodejs - Softweb Hackathon 2014
 
Tracking Application - Softweb Hackathon 2014
Tracking Application - Softweb Hackathon 2014Tracking Application - Softweb Hackathon 2014
Tracking Application - Softweb Hackathon 2014
 
Beacon applications - Softweb Hackathon 2014
Beacon applications - Softweb Hackathon 2014Beacon applications - Softweb Hackathon 2014
Beacon applications - Softweb Hackathon 2014
 
Softweb Hackathon iOffice - An iBeacon App
Softweb Hackathon iOffice - An iBeacon AppSoftweb Hackathon iOffice - An iBeacon App
Softweb Hackathon iOffice - An iBeacon App
 
Mobile application management (mam) in enterprise management
Mobile application management (mam) in enterprise managementMobile application management (mam) in enterprise management
Mobile application management (mam) in enterprise management
 
Discover the power of QA automation testing
Discover the power of QA automation testingDiscover the power of QA automation testing
Discover the power of QA automation testing
 
Developing mobile sales app for a hardware manufacturer
Developing mobile sales app for a hardware manufacturerDeveloping mobile sales app for a hardware manufacturer
Developing mobile sales app for a hardware manufacturer
 
iPad App for Tracking Goals and Performance
iPad App for Tracking Goals and PerformanceiPad App for Tracking Goals and Performance
iPad App for Tracking Goals and Performance
 
Legislation Tracking App for Government Affairs Personnel
Legislation Tracking App for Government Affairs PersonnelLegislation Tracking App for Government Affairs Personnel
Legislation Tracking App for Government Affairs Personnel
 
What is iBeacon in iOS?
What is iBeacon in iOS?What is iBeacon in iOS?
What is iBeacon in iOS?
 
Google Glass in the workplace
Google Glass in the workplaceGoogle Glass in the workplace
Google Glass in the workplace
 

Último

Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfsudhanshuwaghmare1
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityPrincipled Technologies
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...Neo4j
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CVKhem
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationRadu Cotescu
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 
Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024The Digital Insurer
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 

Último (20)

Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 

IT Costs, Roadmap for 2013

  • 2. Rapid growth of Information Technology (IT) has changed the whole scenario of business planning, handling and its development. No enterprise can avoid smart Phone devices these days, if any enterprise wants to stand in the market. IT not only provides ease of work but it increases productivity which results in increased ROI. Let’s find out what role IT has to play, financially in your business or enterprise. How did IT enter in this circle? Mankind has seen several revolutions and ages while growing to present time. We have seen a long agricultural age where labor was seen as a key parameter to measure performance and success. Time has passed, and we saw a Renaissance in industrial age which eliminated labor at various levels. The most critical resource and key performer in industrial age was capital. The more capital you have, the more speedily you reach the heights of success. However at this present time, i.e. post-industrial age, we are seeing that capital is no more a key role player in business or development. Most critical resources in today’s scenario is – Information. Growth, Survival and Success of any organization today is determined by how it manages information intelligently. In fact organizations have started a top level management post, i.e.Chief Information Officer (CIO) in their organizational chart. For managing and accessing information, we have to start using devices whose primary operations which were based upon processing information. These all came into action with the use of primary calculating and communicating devices like a calculator, telephone, fax and early stage computers. In the beginning of this age, it was still capitalists, who could afford the luxury of computers. Time passed, and computers became more powerful tool for development. The discoveries have changed the computational accuracy, its time of operation with its size. It first entered with roles in primary billing and then in stocks and inventories. For a long time, computers remained in back office operations. The computer has limited role or financial implications were only assigned to them; until we entered into the era of the Internet. The Internet has paved IT sector an important place in corporate and business circles. Starting from simple mail checking and file sharing procedures, we are now in the time where corporate giants are adopting Bring Your Own Device (BYOD) policies. Nothing of these can be done if it is not passed through a comprehensive planning and processing, which includes financial planning too. Hence, it is unavoidable to assign a significant role in IT sector in your financial strategy for next year. Why IT has a Key Role in Strategic Planning today? We all live in a time, where we cannot afford to lose. It’s a fast era. And to stand in the competition, we need to stay in loop of advanced business tactics. There are various reasons because of which role of IT is changing in business these days. Discussing them in brief here will help us understand the scenario in a better manner. Competition: Intense level of competition in any business these days are forcing companies to be more and more productive and promising. Information Technology equips the companies to get an edge and provide them with efficiency and effectiveness in any work.
  • 3. Globalization: Business operations like procurement, manufacturing, marketing and sales are becoming global day-by-day. Time and space are not the constraints to any business now a day as it can get global recognition with the help of Information Technology. IT Revolution: We get better performance and smarter device for the very least amount of financial investment. Information Technology has enabled a mass of people to use smarter devices which has taken the customer or client closer to the business holder. These are merely some points highlighting on very basic fundamentals about the increased importance of IT in every business – small or big. Information Technology – In Today’s Perspective If we look at the core, IT entered the business sector and enterprises with some selected workloads like data management, print sharing, email , networking and collaboration, identity and access to the use of computers, network and terminals. However, basic definitions remains same, today these operations have taken a large role and some additional factors have also influenced corporate giants to adopt the latest technologies. Mobility: If you think of IT today, and try to emphasis on the last big feature it has gained, what would you be your answer? It's nothing but Mobility. No more information is locked in a local terminal nowadays. All these started with portable computers, laptops and now tablets and Smartphones. IT has reached to large masses – individuals and organizations. Hence, to strengthen IT it should reach more people today. E Commerce: Another big aspect is to consider is an Internet. It is not a source of informational exchange. It is one of the business constituents via online shopping and eCommerce facilities. Banking online and annual average financial transactions are increasing day by day due to unveil of eCommerce. Hence, your IT backbone can certainly bring more amount of money in comparison to what you save by avoiding it.
  • 4. Increased Capabilities: With time passing, technological devices are becoming more and more capable and efficient. Both hardware and software are becoming smarter day by day. For example, a lot of physical drawing trials for constructing a building have been replaced by high end Computer Aided Design. And with hardware and software becoming stronger and efficient, you can now easily have a 3D view of the drawings which was not possible earlier. External device integration allows computational devices to be more powerful and performing. App World: Other than advancement in software, small sized website and mobile applications have changed the way we perform little tasks with much time and effort. Now they are merely a click away. This not only saves time but also provide solutions to some really critical issues. Apps being in Smartphones and tablet PCs, they can solve a lot of the organization’s problems while also increase efficiency and productivity. The example is pocket sized Smartphones which are more powerful device than early giant computers in terms of functionality, usability, and many more. Social Media: Social Networking has a lot of advantages over classical e-mail communication. Increased use of social media sites and networks has changed the way of communication and has also made a lot of enterprise tasks like looking for and hiring some skilled personnel, advertising or spreading a message to a mass, etc. possible and easier. What IT can do for my Organization? A beginner’s approach to use Information Technology in any form for the organization will be cost control. This is achieved mainly by automation of certain roles and functions. This part of IT can mainly provide your organization a data processing help. Thinking higher prospects, the next step is to automate the inter-organizational functions like supplies, sales, and delivery. This involves intranet or basic internet facilities with functional standardization and some external hardware integration.
  • 5. Think of IT as a Smart Investment – Road ahead for 2013 You invest some money and you get it back with a certain amount of profit – a simple most phenomenon for every business. This implies one straight forward fact, that you get more profit if you invest more. These definitions have changed their structure since last couple of decades due to rapid development in Information Technology (IT). Since Chief Information Officers (CIOs) have changed definitions by using IT from cost saving to growth, a need for efficient and cost effective IT strategy has raised. On the other hand, spending freely on IT is also not advisable. Many of the organizations have innovated their IT best practices for minimizing the cost and its efficient use in Present IT Solutions. And most importantly, these best practices seldom require new hardware or software but only require effective planning from whatever is present. Some of the points, which an organization should take into account while defining IT cost for the next few years, would be – The next approach is where the most of our companies stand today, to reach end-user directly or indirectly. This is possible only due to merger of telecommunication industry with IT. A lot of financial interfaces and higher security standards are needed. However, at this level, a promising ROI starts building up and whatever has been spent on IT starts coming back. Now, as a roadmap for 2013 and for the years to come in this decade, IT is lot more than whatever is described above. Whatever, we talked till now is directly related to sales and ROI of the company. However, new strategies focus less upon costs and sales related uses and more upon IT as a key business parameter and show-runner. Using the IT resources reduces production cost and decrease the market price that ultimately attracts customers to your business. With the availability of mobile devices, you can provide excellent service with financial accuracy to the customers which increases customer satisfaction ratio and retains your customer for a long time. One important parameter which most of us miss is to use IT in the standardization process for giant corporate houses. This standardization removes a lot of barriers between the two organizations and drastically decreases the chance of errors, which sometimes may cost a lot. Some of the procedures where this standardization will be useful are – Market Driven Reorganization Mergers and Acquisition Downsizing and Consolidation Security and Crisis Management With IT, as a competitive advantage factor, where every organization has to rethink upon technology adoption at their level. IT has to be associated with growth and progress as major objective and not cost saving. Too much cost Control in IT can be really harmful for the development of the company. Do not think of IT as a cost, think of it as a smart investment and a strategy maker and then allocate a budget. This will be laid a foundational stone for any organization to grow and flourish.
  • 6. About Softweb Solutions Softweb Solutions is itself a brand among IT strategy planners. We provide hardcore IT services like enterprise mobility, business needs and industry specific solutions. We are serving on every technology in demand today, like .NET, Java, Sybase Unwired Platform, CMS, HTML 5, iOS, Android, and a lot more. Contact us on or visit our website for more details.info@softwebsolutions.com www.softwebsolutions.com Align all the business units on single IT infrastructure or platform. With experts on the panel, decide which kind of IT combinations would best suit your business or organizational functions. However, compatibility must also be answered. Assess each and every level of your present IT infrastructure and improve where it is necessary. Spending too much without proper assessment is not a wise idea to follow. Optimize IT infrastructure for your company all kinds of operations. Implement best practices. This will improve efficiency and will allow present resources to be useful on strategic activities. Review your policies once again, whether your company can implement a strong Bring Your Own Device (BYOD) policy or not. Many organizations have started implementing best practices for BYOD policies. This saves a lot of cost, increases employee satisfactio, enhances the sales force, and creates new mobile workforce opportunities. By 2017, more than 38% of the companies will have their strong BYOD program and will stop providing devices to the employees. Focus on both internal and external parameters. Hire some good strategy for internal operations and inter- organizational standards. On the other hand, leverage your capabilities for external exposure of your brand on web world as well as tablets and smartpones with mobile apps and device compatible web applications. There are always professionals available who are ready to take challenges. You can think of collaborating with a professional IT firm, which can help you out in building state of the art infrastructure. This provides a professional touch to everything you ave and frees a lot of your company pressure for IT implementation. Seeing the overall picture, we can construct a solid roadmap for 2013 with IT costs as a major objective. This is not about the IT marketing campaigns but it is all about IT implementation into your enterprise. It is about having IT strategical implementation – a cost effective technique. An optimized IT strategy can promisingly increase growth rate and efficiency of your organization. It’s time to move from Just an IT innovation to core business strategies.