2019 will see CIO’s faced with increasing pressure to maintain operational excellence, grow and innovate, manage increased IT dependency and operational complexity, and of course, all with reduced IT budgets!
How are CIO’s to achieve mission critical strategies of improved security, increased productivity, systems integration, improved end user experience, and on-boarding of innovative IoT?
One aspect we are confident of, is those attempting to bundle lower-cost solutions together in a bid to save financially, never succeed and ultimately end up paying a higher price long term. It is the case ‘you pay for what you get’ with low-cost equipment often requiring increased resource allocation to achieve similar or in most cases, a lesser result. Be a credible leader by determining, owning and controlling the total cost of developing the value-add solutions, long term for your organisational requirements. It may require budget tweaking in year one but by year three, you’ll be thankful!
Our advice will be to:
- 1. Rigorously define the problem. Ask which problems are crucial to your mission critical strategies? Prioritise based on importance and implement high quality solutions aimed at reducing IT resources to free up valuable time for innovation.
- 2. Set the boards expectations by outlining the consequences of non-compliance and of low-cost bundled solutions. Highlight:
ii) The cost of down time from a system failure (reduced productivity and innovation), “…According to Gartner, the average cost of IT downtime is $5,600 per minute. Because there are so many differences in how businesses operate, the Gartner analyst, Andrew Lerner, states that downtime, at the low end, can be as much as $140,000 per hour, $300,000 per hour on average, and as much as $540,000 per hour at the higher end…”
iv) The cost of old outdated software or hardware (return to the prospect of a system failure).
NetWireless’ industry specific consultants work with you to establish the lowest total cost of ownership for a given business critical solution. As we are vendor independent, we find affordable solutions without the problems associated with bundled low budget solutions.
NetWireless is a multi-disciplinary IT network and management company specialising in network design, deployment, security and managed services. Speak to our technical consultants today (CALL 1300 324 844) to ensure your network infrastructure needs are fully meeting your organisational requirements.