667 words, 2.5 minutes read. By Gerard Blokdyk
IT Security Spending 1 big thing: Participate in budgeting and capital equipment processes and quality improvement activities for your organization.
The big picture: Make sure the Data Analyst and Reporting specialization stays current on emerging IT and data trends, identifies opportunities for improvement and cost savings and works with business partners to determine new ways to use data.
Why it matters: Warrant that your process oversees existing IT operations and vendors to evaluate their effectiveness and cost, and determines appropriate evolution of the IT environment applying SaaS, outsourced, offshore, and/or cloud-based solutions.
Go deeper: Establish that your staff works closely with IT technical service providers to ensure outsourced work packages are delivered to specifications, meeting key parameters of quality, schedule, cost, security, performance, and scalability.
Between the lines: Assess the current IT infrastructure environment, including your organizations data centers, networks, equipment, documentation, use of cloud computing, IT organization and business requirements.
The backdrop: Be confident that your personnel has involvement building an IT team with evidence of improved security and cost savings achieved in the implementation.
State of play: Provide recommendations to improve the effectiveness and efficiency of your risk based audit program to ensure that it is repeatable, sustainable and cost effective.
Be smart: Be confident that your process plans and oversees the implementation of new systems and applications to minimize the disruption of ongoing activities while meeting schedule and cost considerations.
Meanwhile: Reduce overall costs for asset acquisition and maintenance services by engaging the right blend of functional knowledge, technical expertise and best practice process to drive down overall cost to the organization.
What to watch: Verify that your design has involvement in implementing and overseeing IT budget formulation and execution, IT acquisitions, IT service cost/pricing models and IT project management concepts and techniques.
Under the hood: Make sure your organization maintains records concerning fundamental decisions on treating risks, property valuations, retention of insurance policies, as well as correspondence affecting policies and other risk-related correspondence.
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How it works: Ensure your process utilizes benchmarks and performance measurement and evaluation data to manage network servers and data communication devices to support normal and surge workload.
What they’re saying: “Develop and maintain a financial assessment of IT costs to the business and provide the business with the tools to dial up or down relevant IT costs including utilizing both onshore and offshore resources.“, IT Director, Information Systems and Technology Security
The bottom line: Certify your design provides internal management consultancy services to business leaders, business units and lines of business, helping them with design thinking, business modeling, ecosystem modeling, innovation management, IT investment analysis, and operating model design.
What’s next: Implement policies, procedures, automation and controls for consistent delivery of high availability services in a cost effective manner using the ITIL framework for Service Management.
ICYMI: Make headway so that your process tracks and communicates cost information related to your infrastructure and operations portfolio, compiling the needed financial data for consideration during planning and for budgeting purposes.
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