IT financial management

Information Technology (IT) has become the central nervous system of virtually every operation in an organisation. The rapidly changing business and technology environment confronts decision makers with the important challenge to justify the required investments, maintain the cost level at an acceptable level whilst not putting long-term IT capacity and agility at stake. But which new technologies will emerge in the future? And how can you be sure that you’ll make the right IT investment decisions? The fact is that nobody knows for sure. But one thing is certain: the days when one technology or one software application dominated is on the way out. For instance, so-called “open source” (OSS) software—which, because it is distributed in tandem with its source code, can be freely modified—promises to fundamentally change the way that businesses, indeed, any organisation that utilises computers, is conducted. But what does this mean for the business community at large? Will corporations and companies, large and small, now have to rethink their way of doing business? Will the savings promised by the open source community be worth while? Or will independent software vendors (ISVs), determined to preserve their traditional business model, come up with new and original ways to confound the upstarts?

If this is your situation

• Are your IT costs under control?
• Does the business perceive they get value for money from IT investments?
• Does IT think the business appreciates their contribution?
• Are the ICT investments correctly managed ?
• Are you over- or under-investing in ICT ?

How PwC can help you

At PwC we can help you keep pace and gain advantage within the competitive dynamics of the marketplace by providing technical due diligence, strategic analysis, and market assessment of technologies, technology sectors, and companies, as well as advising on entering new markets, competitive positioning, partnership strategies, technology adoption, and related issues. At PwC our experienced professionals can help you improve the financial performance of your IT operations through better cost accounting processes and analysis. And, we can provide highly effective budget management systems that will allow you to review and improve the efficiency of your budgeting processes.
By helping you develop a high-performance IT management model that is better aligned to your unique business needs, we can improve the communication streams between upper management and IT and provide a more integrated decision-making process for IT investments and long-term IT deployment.