ATLANTA – June 26, 2014 – NPI, a leading spend management consulting firm, advises enterprises to make fundamental changes to sourcing processes and behavior in an effort to rein in shadow IT spending. Experts estimate that unsanctioned, decentralized IT purchasing in the average enterprise amounts to as much as 20 percent of the entire IT budget. NPI’s research into more than 400 purchasing programs across the last decade indicates that sourcing processes contribute to the problem.
According to a recent survey conducted by 2nd Watch, 61 percent of enterprise business units using the cloud are bypassing their IT departments to acquire these services. In another study by Stratecast, 38 percent of business and 32 percent of IT workers say they use non-approved apps because IT approval processes are too slow. Another 18 percent of business and 14 percent of IT workers use these apps because the approved solutions don’t perform needed functions.
“It’s clear that in some organizations there is a growing disconnect between IT sourcing and departmental users, and the sharp increase in shadow IT spending is a direct result. In these organizations, IT sourcing is viewed as an impediment. Steps must be taken to shed this perception – the cost and risk of not doing so is simply too great,” said Jon Winsett, CEO of NPI.
As cloud computing, mobility and BYOD continue to transform the enterprise, NPI advises companies to take steps to simplify and expedite the way they source information technology and telecom products and services:
For more information on NPI’s IT sourcing and procurement services, visit /cost-management-consulting-services.
About NPI
NPI is a spend management consulting firm that protects companies from overspending in specific cost categories – information technology, telecommunication and transportation. Using a combination of market experts, proprietary methodologies and extensive data, NPI ensures that prices and terms are best-in-class. Reviewing more than 14,000 purchases annually, NPI provides objective oversight for billions of dollars of strategic spend for its clients.
To learn more about how NPI can help your company start saving today, visit www.npifinancial.com or call 404-591-7500.
Media Contact
Hannah Bower
Bower Communications
404.247.1123
Hannah@bower-communications.com
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