The Amalytics Software Blog
Recent Blogs
Every company is transforming into a Technology company – COVID19 has ensured this shift. How can CIOs/CFOs/IT Finance Leaders support this?
Executive Summary: Until recently, the term 'Tech companies' was seen as the domain of Silicon Valley companies. However, the impact of the pandemic on how we live, work, shop and...
Challenges to calculating the Total Cost of Ownership of IT in the ‘New Normal’
TCO (Total Cost of Ownership) Analysis of IT systems require modelling together datasets from multiple layers of the organisation. Total Cost of Ownership analysis was not an eas...
ZBB for IT Series: Why 2021 is the year to accelerate ZBB as a technique to managing your IT department’s costbase?
After an estimated reduction of 6.5% in 2020, IT spend within the EMEA region; @Gartner estimates an increase of 2.8% from this baseline to an anticipated total of $1.075 trillion ...
Are you able to see the results of your IT cost-takeout initiatives on your P&L?
As many organisations are seeking to progress cost takeout initiatives, a useful reminder that, according to @Accenture Strategy, only one-third of Operations Executives strongly a...
Does understanding your IT costs feel like the ‘Tower of Babel’?
The ‘Tower of Babel’ – the fabled myth to explain why the world's peoples speak different languages – resonates a lot in today’s IT world. For those of you unfamiliar ...
Technical Debt: What is it? and, How to quantify and manage it?
Executive Summary: With over 60% of CIOs believing that organisation’s technical debt is increasing, enterprises need to create a shared definition, create measurable transpar...
Do you know what is in your FY 2021 IT budget?
Executive Summary: Improving the transparency of your IT budget builds decision transparency, making managers and leaders at every level of the organisation more effective. Backg...
Top 3 CIO/CFO considerations while planning for the FY21 IT Budget in the ‘New Normal’
Executive Summary: This year's budget season is quite different from any other. Enterprises will experience acute supply vs demand pressures, have to plan for a somewhat uncert...
4 key IT Costing Design Principles
1. Reflect, don’t invent A Cost Allocation Methodology is only meant to reflect the organisation’s operating model, IT architecture, products and services. So, begin with unde...
IT Financial implications of migrating legacy systems to Cloud-native architectures – Part 1
This article will be split into a multi-part series. There is a gathering trend for many legacy applications to be migrated to a ‘Cloud native’ architecture. While, some are...
4 Different Interpretations of the term ‘Fully Loaded Cost’
What is Fully Loaded Cost? ‘Fully Loaded Cost’ could be interpreted in multiple ways. It depends on the role of an individual and the cost aspect they’re perceiving it from....
Only half of leaders believe digital transformation projects were financially beneficial
Yet another survey finding that only 54 percent of leaders believed that digital transformation projects were financially benefitting the organisation. While the article attribu...
Taking a top-down or bottom-up view of your 2020 IT Budgets?
The annual budgeting season is upon us! Do you favour a top-down or bottom-up budgeting for your IT Operating Expenditure? Opinions are quite mixed; ranging from: Viewing this a...
Do you need to account for Depreciation in your 2020 IT Opex budgeting?
IT budgets can be broken down into 3 core components: Vendor Contracts, Staff and Depreciation. However, some IT Finance teams tend to ignore non-cash items such as depreciation. ...
3 Strategic objectives from your Annual IT Budgeting cycle
If done right, the annual budgeting cycle can deliver a lot more strategic value than being a mere box-ticking exercise. The 3 objectives it can deliver are: 1. Communicate t...
How can CIO’s communicate the value delivered in 2019, in measurable financials for the board?
While value in IT can be seen in the context of new product launches or new data-centre launches, increased pressures on IT means it is important to emphasise value delivered in te...
CIOs: Are you able to clearly articulate business-led cost increases to your IT cost base?
Firstly, it’s important to clarify that the term “business” refers to ‘front-office revenue generating business units’. IT Opex cost base increases YoY for various dem...
3 key tips to handle the annual 5% haircut to the IT budget
It is crucial that a CIO is able to articulate how they have been able to achieve the above in irrefutable numbers for Sr. Mgmt
Are fixed assets still applicable in Technology Finance in today’s Cloud age?
It is arguable that payments to Cloud vendors cannot be recorded as “Fixed Assets” as they are “Variable Assets”. However, I believe this argument is only partially valid...
Capco Data Townhall snippet
“...the end user's world is simply too complex for traditional tools...their world is a spaghetti bowl of complexity, potential interdependency and resiliency risk."
Is your IT Cost Benchmark analysis escaping the “irrelevance trap”?
The many reasons why your IT Cost benchmark analysis can be discarded
Empower Finance teams in Strategic Planning and decision making with tools, data and skillsets
Embed “empowered Finance Managers” - empowered in terms of tools, data and skillsets to support the BUs Leaders
Most enterprises don’t trust their data
There's a big disconnect between Sr. Mgmt and data custodians on their trust on data