CostLens IT Cost Report

Enhance C-level confidence in IT with industry-aligned, data-driven and robust cost analysis

The CostLens Cost Report offers unprecedented transparency of your IT costbase and enables identification of cost optimisation opportunities within weeks.

CostLens© IT Cost Report offers…

Full transparency of costs

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In addition to the traditional Financial View, it
generates additional views of costs:

  • by Cost Categories
  • by IT Assets
  • by IT Functional Groups
  • by IT Infrastructure
  • by Applications
  • by Business Units / Products

Identification of cost optimisation opportunities

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Armed with a comprehensive understanding, you can undertake confident IT decisions to invest in the right areas

Benchmark costs to reputed industry-aligned standards

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Understand where you stand compared to your peers across over 200+ industry-aligned benchmarks

The CostLens IT Cost Report helps CIOs and CFOs to…

  • Efficiently manage Technology’s operating cost through greater Cost Transparency
  • Optimise Technology costs, with a typical 25% reduction in structural costs achieved
  • Increase returns on your Technology & Product investments

3 reasons the CostLens© IT Cost Report is the most accurate basis for your IT decisions

It enriches your organisation’s data with thousands of industry-standard datapoints
Applies Best Practice IT Cost Allocation methods within available data constraints
Uses a flexible IT Cost Modelling tool that allows rapid deployment and configuration
Automated CostLens IT Cost Reports

CostLens is the only tool that uses a big-data engine to enable end-to-end cost analytics that is critical to isolate cost problems

The uniquely designed ‘SplitLink’ framework is aware of cost metadata and automatically builds end-to-end cost relationships at a low level of detail. This helps isolate and drill down on problem areas easily.

Alternatives fail as IT Cost Analysis in today’s global, hybrid IT environment is intensive, error-prone & inconsistent

Modelling the complexity of complex, hybrid technologies across global operating models, in excel is intensive and unreliable
Mainframe
Distributed Computing
Virtualization
Cloud
Emerging Digital

Our approach to IT Cost Analysis focuses on enriching your organisation’s data quality to improve the accuracy of your decisions and maximise returns on investment

With tool configuration only taking a few days, most of the implementation effort is
concentrated on gathering, cleansing, enriching and reconciling your organization’s data

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FREE DATA
ASSESSMENT
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DATA
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Proven at multiple UK & European Financial Services firms

This is the most accurate cost analysis I have seen in 30 years.
Group CIO, FTSE 50 firm
Within a few weeks, CostLens gave us more transparency on the shared service centre charges than I can see for my own cost base.
Entity CEO, FTSE 50 firm
An effective X-ray machine for Technology costs.
Group Head of Commercial Services
Like your mobile phone bill - a robust bill of IT alongside your Service Management report.
Head of Shared Services

Select resources from our
Knowledge base

IT Cost Management for the ‘New Normal’ inspects how leading CIOs are managing IT costs in a post-pandemic environment

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