Consolidating IT - Managing the Risk
The current global economic situation is driving business change. No longer are organizations resting on their laurels but are instead being proactive in achieving success which is currently remaining operational and profitable. There are daily announcements of companies failing to maintain their stability and as a result, there are regular news stories of mergers and acquisitions.
Few companies have totally resisted the effects of the current slowdown and those that are being savvy have begun to look at ways to reduce operational costs without compromising quality. Indeed, many are putting change programs in place to ward off further problems and maintain competitive advantage by streamlining expenditure.
Both the merger and acquisition activity and the need to reduce costs have necessitated the same course of action — consolidation of IT. There are various ways to consolidate, all of which pose risk to the organization.
Outsourced product development:
- Gap Analysis and assessment of IT capabilities
- Building technology road map
- Sizing for the capability
- System architecture, design
- Network diagram and vendor evaluation
- Consider the merits of outsourced product development
- Technical expertise
- Product life cycle approach
- Collaborative innovation
- IP protection policy