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Information Technology Asset Management

Information Technology Asset Management is the practice dedicated to saving money on outdated or duplicate software licenses. You might have a saving of 30% buried in your company. Who can dig out that saving? Our guest Jeremy Boerger.

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Information Technology Asset Management, ITAM, Jeremy Boerger, The Next 100 Days Podcast

Summary of the Podcast

Introductions and small talk

  • The participants, Jeremy Boerger, Kevin Appleby, and Graham Arrowsmith, engage in some initial small talk about locations, conferences, and sports teams.
  • They establish that Jeremy is an expert in IT asset management based in Cincinnati, Ohio.

The value of Information technology asset management

  • Jeremy explains that his specialty is hardware and software asset management.
  • His aim is to reduce the total cost of operating a company’s IT infrastructure.
  • He cites a Gartner study estimating that companies can save 28-32% on their IT budgets by implementing proper asset management practices.

Case study: Saving a hospital $1.5 million

  • Jeremy shares a case study of a hospital that was able to reduce its Office 365 software license costs.
  • He saved them a staggering $1.5 million over 3 years by closely analysing usage and optimising their license agreements.

The shift to subscription-based software

  • The discussion turns to the challenges of managing subscription-based software.
  • Companies often continue paying for unused or redundant tools.
  • Kevin and Jeremy discuss the tendency for companies to be hesitant to review and optimise their software portfolios.

Applying AI and automation to asset management

  • Jeremy suggests that asset management teams should leverage AI.
  • He also recommends using data analytics to become a “digital twin” of the computing environment.
  • This automatically monitors usage patterns and identifies optimisation opportunities.

Recap and next steps

  • The participants wrap up the discussion, with Graham expressing interest in having Jeremy provide consulting services.
  • Jeremy provides his contact information.
  • He offers to provide free consulting to help companies get started on optimising their software costs.

Clips from the Podcast

Reducing the Cost of Operation

 

2016 Study by Gartner

 

Hospital Saves a Wing’s Worth

 

Testimonial from Jeremy Boerger

 

Other Related Podcasts:

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https://thenext100days.org/420-david-oates-yavica

 

The Next 100 Days Podcast Co-Hosts

The Next 100 Days Podcast in ranked in the top 5% of global podcasts.

Graham Arrowsmith

Graham Arrowsmith, Headshot, Co-host, The Next 100 Days Podcast, v2

Graham is “The High Net Worth Data Guy” who founded Finely Fettled to help business owners and marketers market to affluent and high-net-worth customers.  Now get all-inclusive affluent direct mail campaigns combining A lister copy, design, print and postage for £599+vat, without the DIY hassle. Find Graham on LinkedIn.

Kevin Appleby

Kevin Appleby, Headshot, Co-host, The Next 100 Days Podcast, V2

Kevin specialises in finance transformation and implementing business change. He’s the COO of GrowCFO, which provides both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com

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