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Reduce Costs – Gain Flexibility
Nothing is as constant as the change in today's times. Small and medium-sized enterprises have to face growing challenges that hold chances as well as risks. Increasing competition, increasing efforts for acquisition, and a constant shortening of market, product and technology life cycles.
Reduction of time-to-market, flexibility and particularly the efficient gain and processing of information are key factors to gain crucial advantages over competitors. The demand for integrated information technology is therefore rapidly growing. Above all, according to experts, this means business process optimization and automation.
The Benefits of IT
But how to leverage the advantages of IT? Where to start off? Complexity and diversity of information technology are very impressively and even experts can hardly overview IT in its whole bandwidth. IT business applications can yield multiple benefits. Most importantly, however, it is expected to reduce costs and to increase quality. According to an investigation of Esprit Consulting AG the greatest cost savings can be realized in the area of e-Procurement, the best quality can be achieved when using document management systems (see Fig. 1).
The exact answer to the question what constitutes the profitability of an IT system in a company certainly is as different as the companies themselves and represents an important result of profound IT consulting. Generally, however, one can identify 5 key factors that determine the return on investments (ROI) of IT systems:
- Distribution – the more employees benefit from technology investments the bigger the ROI.
- Reuse – if technology is reused many times the ROI is increasing accordingly (mass process).
- Process Costs – if the task to be solved is very cost-intensive, automation and standardisation will yield larger savings.
- Recycling – if the information that is stored in the system can be recycled the ROI will be larger correspondingly.
- Collaboration – the better the communication between employees get the more ROI can be achieved.
Don’t loose money
Unfortunately, the expected benefits does not come automatically and many ambitious projects are happen to fizzle. According to Meta Group 100 Billion Dollars are wasted in IT projects, 70% of IT projects fail or do not meet their requirements. Standish Group International reports that 74% of all projects are finished too late or beyond budget. Gartner Group has found that in 2003 about 25% of IT investments have failed the desired objectives.
Alarming facts which forced companies to review their investment strategies from medium-sized businesses to big business groups. No one can afford to waste money, what is needed is thorough planning, profitability assessments, limited budgets and shorter project durations.
Consequently, IT managers are faced with growing challenges, because the usual daily business is keeping all ressources fully occupied. Nevertheless they are assigned a leading role in strategic planning and formation of the company IT. Sometimes it is necessary to make unconventional decisions and to abolish nice but cost-intensive customs.
This is exactly the point where we support you with our integrated offer for IT project development. We cover the entire process from analysis, planning, and implementation up to introduction, and this way we support companies either focussed during a particular project phase or during the course of the entire project.
We take on responsibility
Please inform yourself – you will be surprised how our interesting and low-priced offers can help you very effectively.
We have developed the following modules for you:
Potential-Analysis: Discover the business opportunities and possible cost savings your company can achieve through proper employment of information technology.
Requirements Analysis: You are planning for an important project? But you are not sure about the exact requirements? We can help you!
Functional Requirements Document: We help you to create a functional specification document for your project according to industry standards and support you with your requests for proposal.
Project Management: Time – Budget – Specifications: Benefit from our experiences. We take on responsibility for your project.
