Sometimes Less is More

Industry statistics indicate 80 percent of IT budgets are expended towards maintaining and supporting ongoing operations, while only 20 percent go towards new opportunities and creating future business value.

As a result, many corporations do not receive maximum value from investments in IT infrastructure and its components. These inefficiencies lead to lost market opportunities as an organization lags behind in its move towards becoming an agile enterprise. An organization’s foresight and responsiveness to external factors (such as improved access to information, analytics, restructured value chains and regulatory changes) determines whether it succeeds, thrives or merely survives. As these types of business changes and challenges occur at an ever-increasing pace, it is critical that the underlying IT environment is flexible and scalable enough to rapidly respond.

Profit Concepts International helps companies identify and address the improvement opportunities that exist within IT organizations. Through technology optimization and outsourcing of non-core functions, we can help reduce the cost of IT organizations, while delivering higher business value.

IT portfolio analysis is a continual and evolutionary process that involves the assessment, rationalization, categorization and disposition of applications to achieve better strategic alignment with business goals, higher usability and lower costs.

We assess your application portfolio with the objective of identifying sub-optimal elements and defining improvement opportunities, particularly in the areas of:

• Duplicate functionality across multiple applications
• Uncontrolled enhancements
• Applications implemented in silos
• Fragmented information architecture

In addition, key metrics are identified for each application or group of applications within the IT portfolio, which can be tracked on an ongoing basis.

Profit Concepts International’s analysis and recommendations are based on best practices derived from various past experiences and engagements. The result is a set of recommendations, backed by detailed analysis of factual data, which help bring tangible business benefits, reduce IT costs and mitigate risks pertaining to the application portfolio.