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. Organisations should be able to take control of their IT costs without compromising on quality, through automation, consolidation and process enhancements.
To assist here, Wavex 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.
Andrea Haywood, Finance Director: Wavex Technology
Wavex provides a range of commercial reports to assist in reporting and trend analysis, these are:
Did you know Wavex clients have a commercial dashboard where they can see all their IT costs and associated trends at any time.
Making the decision to hire or outsource is a complicated one which has major ramifications for the business. The right decision today is unlikely to be the right decision forever - as your business grows and evolves, your requirements change.
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
Initial Requirements Gathering
Financial Business Case/Sign-Off
User-Acceptance Testing (where necessary)
Reduced IT Costs