Cost Reduction

Businesses today are increasingly optimistic that the slash-and-burn days of IT budgeting are behind us, and that growth, innovation, and investment will once again make an appearance on the corporate agenda. This Compass article examines practical steps CIOs can take to work with the business to ensure effective and strategic use of IT resources.

A global financial services firm engaged Compass to analyze its Application Development function, focusing on cost drivers of development project work, and the specific impact of complexity, project size, and process inefficiencies. Compass' recommendations resulted in significant savings.

A 90-Day Plan to Reduce Costs Without Crippling Business Operations.  This Compass article outlines five elements of a strategy designed to do more with less – to optimize efficiency and identify new and minimally painful ways to reduce costs and generate results in the short term, while establishing a foundation for future innovation and competitive advantage.