Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

Unlock IT Budget Potential for IBM and HCL: Cost-Saving Strategies & Insights

Name: Unlock IT Budget Potential for IBM and HCL: Cost-Saving Strategies & Insights
Uploaded: 2024-09-24T22:30:08+00:00
Duration: 27 s
Channel: Mike Austin
Description: This YouTube video (Mike Austin, Sept 24, 2024) offers practical strategies for IT cost reduction focused on software spend. Early content emphasizes…

24 Sept 2024 · 0 min

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This YouTube video (Mike Austin, Sept 24, 2024) offers practical strategies for IT cost reduction focused on software spend. Early content emphasizes identifying vendor/product leverage by breaking apart bundled pricing, accounting for line-item costs, distinguishing strategic/critical products from shelfware, and eliminating unnecessary licenses.

How do you identify the software's leverage? Software vendors leverage. So understand what you're paying by line item. You got to get rid of the bundle type pricing, understand which one of these products, what are you paying for each of these products? These, these products that are strategic or critical. And all this shelfware over here, what are you paying for this? And, you know, so it's really important to understand that.