Technology Asset Management: Do NOT Spend Money to Save Money! Print E-mail
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My accountant has been virtually beating this into my mind since the mid-70s—and it STILL holds true. Unfortunately, a majority of business professionals have been carefully educated by the massive technology supplier industries to believe they HAVE to spend money on technology to save money on technology.

News Alert: You Do NOT Have To Spend More On Technology To Save More!

The Technology Portfolio of goods and services represents one of THE most significant cost centers of every business of every size in every country. Unfortunately, only a very tiny minority of businesses effectively controls technology life cycle spending. The losses are enormous. Whether we are talking acquisition of technology assets, or services, or support & maintenance, unless your company establishes and follows a life cycle management plan, you are losing your assets (so to speak).

The savings possibilities of effective technology asset management are even more enormous--you just gotta start paying attention to begin reaping benefits. Read on to get started saving money without spending money.

I've been teaching technology asset management, software asset management, systems life cycle management, negotiations, and other highly focused programs since the late 90s and I can PROVE that you will always get the most effective results from the most simple ideas—and you DO NOT have to spend a single penny for a majority of these common sense solutions.

Real World – When you place every computer, printer, or copier into hibernation mode when not in use, you WILL save as much as $100 per system per year. Cost to you? Nothing. Savings? Count your techno-toys. Multiply the total by $100. How much did you just save? Have I already given this advice to you? Maybe so. However, it still bears repeating because IT WORKS!

What size business do you have? Two computers? 200? 2,000? 2,000,000? Your company size doesn't matter—costs--risks--and savings are a matter of scale. A small business really NEEDS to reduce costs and enhance value at every minute of every day—or it won't survive. Larger businesses may be able to absorb mistakes but, due to the size of their typical technology-related problems, they STILL can't afford to fail at monitoring life cycle spending & risks.

Real World – Are you genuinely getting what you pay for? Fewer than 10% of companies invest ANY time reconciling invoices for technology goods and services. If you are one of them, change your process. Even if you THINK you reconcile, check the process to ensure it is being done. The cost reductions can be incredible & the modification process costs you nothing but a little brain work. (And, when I say little brain--I mean it. This stuff is sixth grade math.)

Do you want to start on the most cost-effective road to reducing the high costs and risks of your business? Sign in to this site—it's still free—and start reading. We have plenty of great technology asset management—portfolio management—ideas you can use to reduce the costs and risks of the technology-related goods and services used by virtually every company on the planet.

Cost of this advice to you? Zip! Cost to implement? Zip to mere pennies! Savings? Enormous! No quit being suspicious of my intent and go try it out...

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3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 
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