IDC PlanScape: Analysis on the Total Cost of Digital to Reduce Overall Spend
This IDC PlanScape outlines the steps that an enterprise can take to make the total cost of digital transparent and, by using specialization, help management get rid of digital siloes and create a more efficient and specialized digital enterprise."By performing an analysis on how the total cost of digital can be realigned around the efficient specialization of digital capabilities, significant savings can be achieved beyond typical cost cutting exercises," says Robert Multhaup, adjunct research advisor for IDC's IT Executive Programs (IEP).
Please Note: Extended description available upon request.
IDC PlanScape Figure
Executive Summary
Why Is Analysis on the Total Cost of Digital Important?
What Is Analysis on the Total Cost of Digital?
Who Are the Key Stakeholders?
How Can My Organization Take Advantage of Analysis on the Total Cost of Digital?
Step 1: Capture the Total Cost of Digital in Departmental Budgets, and Consolidate into a Single View
Step 2: Identify and Translate the Generic Capabilities Represented by the Departmental Costs
Step 3: Apply the Principles of Specialization to the Pool of Both Human Resource and Technology Capabilities
Step 4: Identify the Opportunities with the Most Efficient Mix and Specialization of Resource and Asset Capabilities
The Role of Benchmarking to Drive Continuous Specialization Efficiencies
Step 5: Choose the Scenarios That Best Optimize Capabilities While Reducing Spend Across the Total Cost of Digital