The challenge no ROI

Costly cloud investments with minimal returns and value.

Many organisations invest heavily in software-as-a-sevice (SaaS) and infrastructure-as-a-service (IaaS) solutions, expecting efficiency and growth. However, the reality often disappoints, with costs spiralling and returns falling short of predictions.

Without effective cost management, clear performance metrics, and seamless integration into existing systems, these investments can drain budgets without delivering on their promise. Leaders are left grappling with underutilised services, rising subscription costs, and a lack of measurable ROI – turning hopeful innovation into a costly burden.

You struggle with cost management and overspend

Without strict oversight, SaaS and IaaS subscriptions can easily lead to inflated costs. Many companies pay for redundant or auto-renewed services they no longer need or don’t fully utilise. Additionally, without regular vendor negotiations, organisations miss out on potential savings, adding further strain to their budgets.

You face constant resource constraints

Integrating new SaaS and IaaS solutions with existing IT infrastructure can be challenging and resource-intensive. IT teams often struggle with technical integration, compounded by skill shortages and data security concerns. Misalignment can lead to disjointed operations and underperforming solutions that fail to add value.

You have no way to measure success

Tracking the ROI of SaaS and IaaS investments is difficult without established metrics and KPIs. Often, these solutions aren’t fully adopted by employees, and strategic alignment with broader business goals is overlooked. This leads to wasted resources and missed opportunities for growth.

Sudden cuts

If nothing is done, you risk facing sudden budget cuts from the board. When SaaS and IaaS investments fail to show a clear return on investment, the board may decide to slash the IT budget drastically. This can lead to the abrupt removal of essential services from your tech stack, severely impacting business security and operations. The hasty elimination of these services can disrupt workflows, reduce productivity, and leave your organisation scrambling to maintain basic functions, ultimately jeopardising your competitive edge.

Increased risk

Inaction will leave you exposed to increased security risks. Without additional investments in necessary security tools, your organisation will struggle to keep up with evolving threats. Existing gaps and vulnerabilities will widen as you are forced to make do with outdated or inadequate solutions. This lack of robust security measures makes your business an easy target for cyberattacks, leading to potential data breaches, financial losses, and irreparable damage to your reputation.

Shadow IT strikes

Neglecting to address these issues will result in the proliferation of shadow IT. Frustrated by the lack of effective and integrated solutions, employees will turn to unapproved tools to meet their needs. This creates a fragmented IT environment with numerous unvetted applications, increasing the risk of data breaches and compliance failures. The uncontrolled use of shadow IT undermines your security posture and complicates efforts to maintain a cohesive and secure technology strategy, putting your entire organisation at risk.

Review your current subscriptions today

Take a full audit of all your active SaaS and IaaS solutions. Identify any subscriptions you no longer use or those you’re paying for but not fully utilising. Check for automatic renewals and redundancies that could be trimmed. Consolidate services where possible to eliminate inefficiencies.

Identify and set KPIs this week

Establish clear, measurable metrics to track the success of your SaaS and IaaS investments. These could include time saved, cost reductions, or increased productivity. Make sure these metrics align with your business goals and can be measured consistently across your tools.

Start integration plans this month

Work on integrating your tools effectively within your existing IT infrastructure. If there are technical barriers or inefficiencies in how the solutions work together, address them. Poor integration leads to wasted resources and missed opportunities for streamlining your operations.

Renegotiate vendor contracts ASAP

Reach out to your SaaS and IaaS vendors to discuss pricing and terms. Many vendors are open to negotiations, especially when they see you’re committed to a longer-term relationship. This could help lower costs and increase the value of your investments.

Effective strategic planning and insightful analysis.

Investing in IT and security without adequate planning can result in increased expenses and reduced returns. By implementing strategic budgeting and effective road mapping for your IT initiatives, you can not only support the growth of your technology goals but also improve your adaptability and overall return on investment (ROI).

Use the skills of a seasoned leader

Acquiring the expertise of a Chief Information Officer (CIO) or Chief Information Security Officer (CISO) is vital for the strategic implementation of IT and security initiatives in the long run. You require knowledgeable IT leadership, whether from internal staff or through an external service like our Fractional Leadership. This leadership is crucial for offering valuable insights into assessing new technologies, helping you stay informed and manage costs effectively.

Optimise your third-party and partner solutions

Various Partner Solutions can provide comprehensive support for your SaaS and IaaS environments. It would help if you utilised a single partner who can optimise your entire outsourced service stack on your behalf, streamline integrations, and enhance security and compliance.

IT budget and roadmap

Align your IT investments with strategic goals for optimised performance and future growth

Fractional leadership (vCIO)

Ensuring board-level confidence in security and IT management

Partner solutiuons

Acting in your best interests we build trusted partnerships to expand capabilities and drive business success

From our blog

As industry leaders in insights, we harness advanced analytics and deep expertise to deliver actionable intelligence. Our innovative, data-driven approach empowers clients to make informed decisions and stay ahead of market trends, ensuring sustainable growth and long-term success.

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November 19, 2024 by Conosco

You face a lack of return on investment in SaaS and IaaS

Endless subscriptions and spiraling costs that deliver no ROI

Costly cloud investments with minimal returns and value.

You struggle with cost management and overspend

You face constant resource constraints

You have no way to measure success

Doing nothing is not an option

Sudden cuts

Increased risk

Shadow IT strikes

Actions you should take

Review your current subscriptions today

Identify and set KPIs this week

Start integration plans this month

Renegotiate vendor contracts ASAP

Addressing the challenge

Effective strategic planning and insightful analysis.

Use the skills of a seasoned leader

Optimise your third-party and partner solutions

Speak to an expert and remove the risk of bloated tech stacks that deliver no ROI

Our portfolio of solutions that solve this challenge

IT budget and roadmap

Fractional leadership (vCIO)

Partner solutiuons

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