Cost optimization
Make your IT budget go further
Cost optimization
In SoftwareOne’s 2023 CIO Pulse Survey, 83% of CIOs stated that they have to achieve more with less despite a general rise in IT budgets. The only way to achieve this is through cost optimization, which can be defined as identifying and reducing wasteful spending, underutilization and low return on IT budgets.
Unlike cost reduction, cost optimization involves the continual strategic alignment and streamlining of business processes through the integration of digital technologies. This leads to reduced operational expenses, waste elimination, and maximized return on investment, without compromising product or service quality.
Do more with less
SoftwareOne pioneered the concept “self-funded innovation” where customers can optimize their current landscape and divert those savings towards projects that drive the business forward. We offer an array of services to achieve cost optimization and make your IT budget go further. Here’s how we do it:
Discover our Application Portfolio Management Services
SoftwareOne helps you identify the self-funding potential of your future application portfolio strategy using high-level industry benchmarks as well as our own market insights. We give you complete visibility into licensing and maintenance fees, hosting charges and support costs across your entire landscape, eliminate costs associated with unused, outdated and redundant applications that waste budget, and identify the true total cost of ownership for applications to help you make smarter investment decisions.
Discover our IT Asset Management Strategy Services
We help you manage all your IT assets better by ensuring that licenses and hardware assets are right-sized, efficiently utilized, and proactively managed. We eliminate shelfware, consolidate applications, reassign licenses and retire hardware. Get our advice on preventing true-up miscalculation and audit costs. Establish processes to prevent over-purchasing and consolidate contracts to achieve pricing leverage. And use our dashboards for continuous, data-driven optimization decisions.
Discover our Sourcing and Demand Management Services
SoftwareOne optimizes costs by helping you consolidate vendors and contracts to aggregate spend for better negotiated discounts and pricing, and we help prevent sub-optimal licensing with guidance on how to improve deal terms. Once purchased, we help you prevent spending outside agreements with compliance monitoring and create tailored workflows for efficient software procurement through preferred channels and partners. You can identify savings opportunities through real-time dashboards and reduce procurement waste with proactive management.
Discover our Publisher Advisory Services
Software vendors like Microsoft, AWS, Google, Oracle, SAP and IBM can command the bulk of your IT budget. We help you get a better return on your investment by assessing actual usage reports to reduce your software, maintenance and cloud costs. We help you resolve issues and optimize the value of existing and future investments, and define negotiation strategies to secure the best possible deal for you.
Discover our FinOps Services
FinOps is a framework and cultural practice that optimizes the value of cloud. As a FinOps leader, SoftwareOne helps you get visibility of and accountability for cloud costs to enable your engineers to take action on cost optimization. You’ll receive cost actionable recommendations for “right-sizing” and “right-costing” cloud environments, and we help you establish and improve processes to continuously review, track and manage optimization tasks with responsible stakeholders. Embed FinOps into engineering processes to build in cost efficiency upfront during development, and gain cost efficiency at scale through automation and policy enforcement.
Discover our SAP Services
Organisations know they need to modernize their SAP systems, but SoftwareOne helps you choose the best route for your organization by holistically comparing RISE and native cloud options using our TCO framework. We give you unbiased, expert recommendations to optimize your RISE contract and licensing positions, refine the bill of materials and ensure appropriate sizing of entitlements. We also establish your rights to perpetual licenses and negotiate favorable terms for RISE or S/4HANA in native cloud agreements, renewals, and exit strategies.
Discover our Modern Application Services
Legacy applications drain time and money. SoftwareOne helps you remove technical debt associated with dated, monolithic technologies and optimizes costs by modernizing, buying or building new applications. Outsource your app development or modernization to convert fixed IT costs into variable costs, accessing top talent without the expense of full-time salaries.
Cost optimization in action
Let us optimize your costs
Talk to our team today about how to make your IT budget go further.
Let us optimize your costs
Talk to our team today about how to make your IT budget go further.