IDC PeerScape: Peer Insights for Cost Justification in Enterprise Architecture
This IDC PeerScape describes the way enterprise architects can defend projects with cost in mind. It explains, through the eyes of experienced leaders, how enterprise architects can move their organizations forward technologically by eliminating redundant applications, integrating siloed applications, embracing new and more efficient technology, and reducing and remediating risk. More importantly, it explains how they can achieve all these goals with cost in mind, by explaining and demonstrating how undertaking these projects will also benefit the organization from a cost perspective."The businesses profiled in this document — from the financial services, distribution, and managed services industries — show the importance of preparing well, knowing your audience, and being adaptable," says Karen D. Schwartz, adjunct research advisor with IDC's IT Executive Programs (IEP).
Please Note: Extended description available upon request.
IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Within Proposals, Make Sure to Include All Hard and Soft Costs, from Integration to Hiring/Training
Challenge
Examples
Northern Trust Corp.
iQor
BlueLinx
Guidance
Practice 2: Understand the Board's Priorities and Base Your Case on Them; Focus on the Value-to-Cost Proposition
Challenge
Examples
BlueLinx
Northern Trust
iQor
Guidance
Practice 3: Build in Contingency Funds, Look for Alternate Funding Sources, and Learn from Budget Mistakes
Challenge
Examples
BlueLinx
Northern Trust
iQor
Guidance
Practice 4: Collaborate with LOB Owners and Other Stakeholders and Vet Proposals Before Submitting Them to the Board