Learn how to control IT costs without compromising capability.
Organizations are facing mounting challenges and escalating expenses.
80%+
employ a multi-cloud model yet over-run their cloud budget.
68%
of companies are still unable to get valuable insights and benefits from their cloud data.
Inefficient Resources
-
- Enterprise software spending accounts for 40% of total IT budgets. Businesses prioritize tools for productivity and collaboration. (IDC)
- Limited time to validate and dispute charges.
- Carrier portals do a poor job of identifying opportunities for savings
- Inventory management workflow inefficiencies lead to unnecessary costs.
Fragmented Management
-
- 80% of enterprises overshoot their cloud budget due to lack of cost optimization. (Gartner)
- Data is distributed across a complex ecosystem of carriers, vendors, subscription services, and more.
- Cloud-based software spending is growing 18% annually.
- Organizations are shifting from on-premises to scalable cloud solutions. (Statista)
Complex Environment
-
- Mobile workers will increase from 78.5 million in 2020 to 93.5 million in 2024. (IDC)
- Subscription-based software models dominate 90% of investments.
- SaaS provides affordability and scalability for all business sizes. (Statista)
- Data is difficult to turn into insights and actionable information.
What's the solution?
Technology Expense Management (TEM) is the process of effectively managing expenses and services to minimize costs, fully utilize resources, and drive process efficiencies in financial management.
Leveraging an Expense Management platform can enable FinOps tools to understand your usage and cost as well as the associated business value. These tools deliver a holistic view of power storage, software, and hardware costs. Expense management tools also deliver granular visibility into expenses, assets, and usage, allowing you to optimize your usage and costs. With access to hundreds of solution providers, ARG can leverage TEM solutions to identify cost savings and then pull from our vast portfolio to optimize as solutions come out of contract. This approach allows you to continually maximize cost savings and improve business outcomes.
The results speak for themselves:
Global Insurance Provider
- $824,748 annual savings
- $192,294 one-time credits
National Cleaning Service
- $35,000 annual savings
- Offloaded hundreds of tickets
Pain Relief Network
- $324,000 annual savings
- Increased bandwidth by 395%
East Coast Manufacturer
- $442,272 annual savings
- $86,000 help desk savings
Global Engineering Firm
- $2,500,000 annual savings
- Bandwidth & tech upgrades
Fortune 500 Tech Company
- $2,000,000 annual savings
- UCaaS & network upgrades
An Expense Management platform might be a good fit for your organization if:
-
- Cost is the biggest challenge with your existing cloud implementations.
- It takes too long to recognize the value of your digital innovation investments.
- You aren’t actively rightsizing your cloud assets.
- You feel increased pressure to make your budget stretch further.
- You are concerned about wasted cloud resources.
- You struggle to trace cloud usage and/or expenses.
- Chargebacks are of particular concern.
Learn more about Expense Management options with ARG’s Cost Optimization Market Insights and Decision Guide.
