Although many CIOs have the mandate to innovate, only a lucky few get new budget and staff to deliver the innovation. Those that don’t must balance the challenge of resource allocation with the pressure of adhering to costly ERP vendor roadmaps—for maintenance or cloud migration—or seemingly risk losing vendor support. Making the mindset shift from a vendor-driven model to a Business-Driven Roadmap—where IT spending is aligned with business goals, priorities, and timing—can enable you to: optimize budget and staff to create capacity: allocate the right organizational resources to the right pursuits to support targeted business outcomes accelerate innovation: use created capacity to adopt new best-in-class IT functionalities to enable business strategy future-proof your enterprise: maximize the value and lifespan of existing and customized assets to serve business goals Discover the 11 attributes of a Business-Driven Roadmap and how it can enable you to maintain control of your company’s IT direction.
According to Gartner, “In an uncertain and pressurized economic environment, organizations often face the challenge of realizing immediate IT cost savings. When faced with the challenge, CIOs need to determine how to approach cost cutting in the least damaging way to the medium- and long-term health of the business.” While IT cost management is a best practice, Gartner has recommendations for how to approach rapid cost cutting when required: “Establish the cost reduction fundamentals by determining what needs to be considered from a savings and timing perspective.” “Apply the 10 rules for success. Determine the types of actions, expenses and categories that have the most immediate and/or largest impact.” “Map and communicate your plan to eliminate, reduce or suspend. Communicate the plan internally to IT, the business units (BUs) impacted and to the CFO/CEO driving the reductions.” “Define the consequences and risks of cutting costs and how to manage them, despite the urgency and likely short lead time.” This must-read report can help CIOs thoughtfully cut costs to meet budget goals while managing risk and minimizing longer-term effects. Those who follow Gartner’s recommended approach will position their organizations for success. Reference: Gartner, Inc. “10 Rules for Rapid IT Spend Reduction.” November 4, 2019. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
IT teams are feeling the pressure to move everything to the cloud. IDC predicts that by 2023, digital transformation spending will account for half of IT budgets. The majority of that spend will go to cloud technologies. Cloud promises flexibility, elasticity, and cost savings — but only if you’re doing it for the right reasons guided by a business-first, not a cloud-for-cloud’s-sake, mentality. Before making the leap, especially with business-critical ERP systems, companies need a solid strategy. Rimini Street offers this ebook to look at the multiple elements of building a business-first cloud strategy that delivers maximum value and optimal performance. Topics covered include: Developing a Business-Driven IT Roadmap Avoiding common pitfalls of ERP in cloud Surviving the secondary effects of cloud moves Fast-tracking — without sabotaging — your cloud strategy Download eBook
One of the top questions PeopleSoft customers have with third-party software support is how to develop fixes for their problems without access to vendor patches. In this video, Rimini Street discusses first-hand experience in addressing fixes with PeopleSoft clients, including support for custom code that the software vendor does not currently provide today.
There’s a fork in the IT road. One direction leads down a high-cost/lower-value path focused toward your ERP vendor’s profitability, and the other down a lower-cost/high-value path focused toward your own organization’s business success. Which direction will you choose? This infographic paints the stark contrast between the two options. The vendor-dictated roadmap may be fraught with exit ramps to forced migrations, lower-value upgrades, immature cloud offerings, and higher support costs. The Business-Driven Roadmap navigates mile markers like strategic investments, business goals, risk reduction, and digital transformation. The choice becomes clear. If you have already started down the vendor roadmap, simply make a U-turn. For all roles within the enterprise, following a Business-Driven IT Roadmap is a path to success.
For the last 20 years, IT teams have focused on transactional efficiency and cost optimization. While those are still critical to running a smooth operation, business teams are asking IT to focus on initiatives that accelerate innovation and growth. One way to do that is to break away from a vendor-dictated applications roadmap towards an IT investment plan that is business-driven. Authored by former Gartner analyst, Pat Phelan, this white paper will provide some of the telltale signs that your organization could be constrained by technology-dictated roadmaps. Pat also highlights how to link your Business-Driven Roadmap with distinct destinations that can result in game-changing results for your company. And she will explain how to take advantage of vendor updates, without letting the vendor dictate the route, priority or timing of your roadmap.
According to Gartner, “CIOs face constant pressure to reduce cost while maintaining or improving performance. This often comes in the form of a direct cost challenge, with a specific target and time frame.” In this report, Gartner discusses how CIOs can answer the call of a mandatory IT budget cut to successfully meet the challenge: “Define and clarify the scope of the cost cutting, and the question being asked. Follow a structured approach to answer the cost challenge.” “Identify and evaluate actionable cost-saving opportunities by creating transparency in the cost base, providing multiple views of the IT budget, where possible.” “Identify stakeholders and present them with an action plan, including a menu of actionable cost-saving options.” “Show the business impact of each option by quantifying service degradation or business risk in the action plan. Ensure stakeholders sign up for any negative impacts.” This must-read report can help CIOs properly evaluate which costs to cut while maintaining business continuity and performance. Those who follow Gartner’s recommended approach will position their organizations for success. Reference: Gartner, Inc. “How to Respond to Mandatory IT Budget Cuts.” November 18, 2019, Bryan Hayes, Jim McGittigan. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Is your procurement team delivering measurable value? Procurement has traditionally been viewed as a cost-savings function, but this is evolving as procurement is now, for many enterprises, demonstrating its value to the C-suite. A new WBR Insights research report, “Procurement in the Driver’s Seat: Delivering ROI through the Procurement Function,” finds that procurement is taking a greater role as a strategic partner to the organization, including helping to create value though its role in IT cost optimization and business innovation. The research recommends that in addition to aggregating cost savings metrics, procurement must identify its ROI metrics to continue to grow its leadership presence within the organization. Through a survey of 100 procurement professionals, the report reveals a variety of findings, including the latest tools being used by procurement to demonstrate value and ROI.
You don’t have to follow the restrictive and expensive vendor-dictated roadmaps for Oracle EBS. Break free from forced upgrades and budget-draining support packages. Use your IT budget to drive innovation and get the support you need to achieve your business goals. Independent, third-party support saves up to 90% annually on maintenance and support costs and allows organizations to control their own IT roadmap based on business needs – not vendor-dictated demands. In this ebook, you’ll meet eight Oracle EBS customers across manufacturing, retail, media, and packaged goods that made the switch to independent, third-party support with Rimini and achieved significant business success.
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