- Positioning a $3 Billion IT Services Provider for Additional Growth
Positioning a $3 Billion IT Services Provider for Additional Growth
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maio 20, 2024
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FTI Consulting was contracted to lead the cost transformation of a $3 billion information technology and hosting services firm.
Our Impact
- FTI Consulting reviewed more than $200 million in trailing twelve-month software licensing spend.
- The team benchmarked more than 20 internal and external vendors.
- Our experts identified $13.9 million to $22.4 million in run-rate savings.
Our Role
- FTI Consulting performed a detailed analysis of cloud assets and consumption, recommended savings and designed FinOps going forward.
- Our team analyzed top vendor spending to understand the current utilization and opportunities to rationalize licenses or reduce features. We determined if the rates for the licenses and services provided by each vendor were competitive based on the contract term and volume.
- We also determined the high-level range of potential savings to be gained by renegotiating the vendor agreements and concluded the agreement deal points and terms and conditions that should be considered as part of the renegotiations.
- Our team developed a high-level implementation plan for the savings options chosen by management.
Published
maio 20, 2024