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ARG Launches Market Insights on Cost Optimization in IT SpendingMCLEAN, Va., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Expanding on its growing portfolio of exclusive market insights and decision guides, ARG announced the availability of the Cost Optimization Market Insights & Decision Guide. Created in partnership with Nitel and Tangoe, the report identifies factors that prevent businesses from deriving the maximum value from their IT investments and explores ways in which they can align their technology expenditures with desired business outcomes. “In recent years, businesses have undergone significant changes that have led to inefficiencies and waste,” said Jim Begley, Chief Technology Officer, ARG. “The shift to remote and hybrid work, coupled with the growing adoption of cloud-based collaboration, led to technology sprawl and rising costs. With the cost of capital higher than it has been in decades and global IT spending estimated to increase by more than 6.8% in the coming year, it is critical that businesses examine their IT investments more closely to assess their true impact on profitability.” Driving better outcomes with vendor consolidation, asset management, and automation
“Understanding a vendor’s ability to execute against business objectives and achieve their cost optimization goals when investing in technology solutions is the difference between making the right choice and a project that misses the mark,” said Patrick McGugan, Product Lead, Business Management Solutions, ARG. “ITEM and other tools provide data but lack actionable insights that lead to actual savings. The most efficient way to optimize technology spend is by partnering with an outside resource with domain expertise, like ARG”. To help organizations optimize their technology expenditures, ARG follows a well-established framework that identifies optimal solutions that map to desired business outcomes so that organizations can make the most of their existing IT investments. With a vast client base, organizations can benefit from valuable insights into negotiating better deals with suppliers, reducing procurement costs, and improving vendor management. ARG can also manage the entire life cycle of your procurement, service management, and vendor and account management at no additional cost. Click here to access the Cost Optimization Market Insights & Decision Guide. For ARG’s entire resource library, visit https://www.myarg.com/resources/. About ARG Media Contact: Erica Lord VP, Marketing 703-770-2407 [email protected] |