Strategic Cost Reduction Opportunity Assessment
IT OperationsMedia
Executive Summary:
Situation: Organisation was seeking to realign cost base of business through a series of independent strategic reviews. Beyond Technology was focused on the review of 3 separate technology divisions as well as a number of IT capabilities that were being managed within other business units.
Engagement:
- Strategic Cost Reduction Opportunity Assessment
Outcome:
- Beyond recommended the restructure of the separate technology divisions into an integrated technology services team and the consolidation of other IT responsibilities into this team.
- Through the use of advanced remote management tools, appropriate processes and an organisational structure more closely aligned to business requirements (rather than legacy reporting lines) the work teams were streamlined to deliver improved SLA’s more efficiently.
- The resulting reduction in workforce requirements, investments in new generation technology and targeted vendor negotiation delivered an immediately achievable ongoing cost savings of 25%, increasing to 30% of the previous IT opex budget in the medium term.
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