Source: Forrester Study
Assess where technology can best be deployed across the organisation to minimise cost and maximise value
Do the budgeting, forecasting and contract management well to effectively manage IT costs
Build effective governance on all IT spending across the organisation
Scale up or down quickly with pay-as-you-go, consumption based pricing
Carefully managing the on-going IT costs is vital. Many businesses fail to correctly model the data consumption habits, which leads to budgets being exhausted earlier than expected and therefore challenging board discussions. Your managed service provider should be able to help you take control of your IT costs without compromising on quality, through automation, consolidation and process enhancements.
Our fully outsourced IT services provides clients with simple budget mechanisms (on APEX®). This assigns all IT invoices with an appropriate budget code. The residual budget amounts are then available on the commercial dashboard.
This shared view of budgets helps Wavex provide helpful suggestions on how to mitigate risks well before the budgeted funds have been depleted.
Wavex was the first to offer clients their own on-line portal used to manage IT, containing a fully functional business intelligence tool. Wavex was also the first to develop a network management suite for smaller businesses and has performed hundreds of complex IT transformation projects for different types of businesses.
Savva Flouri, Finance Director: Wavex Technology
Wavex provides a range of commercial reports to assist in reporting and trend analysis, these are:
Invoice Analysis:
Real-time review of all invoice line-items grouped into sensible cost types (license, infrastructure, support etc.)
Vendor Spend Analysis:
An overview of the various 3rd parties that cover the total monthly invoice (e.g. Microsoft, BT etc.)
Hosting Unit Analysis:
Analysis of growth or reduction trends of the hosted infrastructure (normally storage or compute power) to facilitate better forecasting and budgeting.
Budget Overview:
Overview of residual budget amounts. Wavex recommends clients run a number of budgets for IT (for instance - Support, Projects, Infrastructure, and Licensing). However, these types can be defined as needed.
Did you know Wavex clients have a commercial dashboard where they can see all their IT costs and associated trends at any time.
Meet the future-ready modern workplace. Discover what it looks like, it’s benefits, how much does it cost to implement and some practical tips on how to take your first step.
Control increasing IT costs
Enjoy the economies of scale from their IT
Boost their IT department to deal with more incidents
Replace aged infrastructure
Organise rapidly growing data
Speak to Wavex about your financial priorities
Demonstration of capabilities
High-level proposal & business case
Sign-off
Implementation / Professional Services
User-acceptance testing & training (where necessary)
Reduced IT costs and improved cost transparency