How much do you estimate you’re spending on maintenance and support across all of your IT assets? “Too much” is the quick answer...but really, think about it for a minute and get a number in your head.
If you could shave 5 to 7% off that spend and use the liberated $$$ for unfunded innovation projects, the payback to your business could be exponential.
For argument’s sake, let’s use 6% as the average savings that can be achieved across your maintenance portfolio. Here are the funds that could be re-purposed:
Maintenance and support is a tedious sub-category of IT spend to manage. Squeezing every nickel out of it requires focus and determination. It’s distributed across hardware and software – and increasingly hard to quantify accurately because it gets mixed up with SaaS and managed services subscriptions in OpEx.
A growing trend among NPI’s clients is to carefully categorize their IT spend into accurate sub-categories; then optimize cost and licensing one by one, tracking savings progress in the aggregate across each subcategory.
While the maintenance and support subcategory typically yields a lower savings percentage than CapEx hardware and software, for most clients:
Below is a short video that gives you 4 of the best ways to cut maintenance and support costs: