IT Landscape Transformation
Changing economic scenarios are imposing additional operational constraints on organizations across the entire gamut of industries. To cope with these restrictions, businesses are looking at ways to increase efficiency in their operations, thereby getting higher returns on capital investments. Typically, Investments in IT systems go through stricter scrutiny to achieve higher cost optimization in operations and maintenance, creating ways to reduce budgets.
Contrary to the assumption that reducing the total cost of ownership is the only way of optimizing operations, Technology alignment and Functional consolidation are also other ways to reduce operational expenses. In parallel, reducing current technology debt will help reduce future expenses on enhancements. Total cost of ownership also has multiple strings attached to it. The direct ones like software (license) and hardware costs are easy to understand whereas operational inefficiencies due to absence of automation or a higher proportion of on-premise infrastructure are things that are difficult to be quantified.
LTIMindtree’s expertise in Application portfolio rationalization involves a methodical study of functional footprints, technology landscape and application attributes to identify potential areas of improvement, development of a step-by-step transformation roadmap for seamless execution, resulting in higher levels of operational efficiency.