Insights and reports

IT Asset Intelligence Webinar with Softcat

Written by Claire Lewis on May 20, 2022

We’re looking forward to the next webinar session we are hosting with Softcat on Asset intelligence webinar – understanding the current IT landscape and cost saving opportunities for the turnaround professional.

Historically, property costs were usually the largest single below the line cost for most businesses but nowadays it is IT and tech costs. Typically, these are now running at c. 35-45% of all Opex spend (excluding payroll costs) though this is rarely visible within most companies as these costs are usually allocated at department level with no aggregated view of overall spend.

In addition to this ever expanding IT cost base, there is the increasing commercial complexity of the technology environment. It’s a minefield out there with sophisticated vendors – Microsoft, Oracle, Salesforce, Amazon Web Services et al – running rings around companies through complex licensing and cloud based usage deals. On top of these major ERP, CRM, HR programmes, the average SME will be running upwards of 100-200 software programmes many of them in the background, with no real ownership or ongoing monitoring. If you know what to look for and how to navigate this environment there is the opportunity for substantial cost savings, estimated at 15-30%.

To walk us through this complex landscape we are delighted to introduce Matt Ward from Softcat. Matt is an IT Asset Management expert and a founding member of Softcat with over 25 years of experience in his field.

The webinar will focus on case studies which span small, medium and large businesses and how to extract costs savings, in the short and medium term and on key IT and data management issues from a turnaround perspective.  The presentation will be followed by a Q&A.

This webinar will take place on Zoom between 08:00-09:00. Please email info@the-ift.com to register your interest.

Turnaround, the economy and people

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56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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