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IT has done a lot of
growing up over the past few yearsóperhaps
more so than any other period in its forty-plus
year history. There are a number of reasons for
this, but the primary factor is the economy. Companies
reeling from the combination of the post-9/11 economic
downturn, the collapse of the dot-com and telecom
bubbles, and general economic pessimism, are seeking
to trim expenses and increase profit margins in
every way possible. IT, traditionally considered
a cost center, is no exception, and the management
of IT technologies and processes is a key area in
which businesses can increase margins and decrease
costs.
Historically, CxOs often considered IT an unavoidable
expense, allocating budget dollars only when absolutely
necessary. This condition is improving somewhat,
as IT is now being recognized as a critical success
factor and competitive advantage in virtually any
enterprise. Executives now realize that shrewd IT
investments can pay off handsomely in the form of
rapid returns on investment, increased productivity,
decreased costs, higher profits and higher levels
of competitive advantage. Today, more than ever,
IT is the business, and the business is IT.
Unfortunately, many companies are not taking advantage
of many of the new advances in IT management technology.
The key reason for this is the economyómanagers
keeping a very tight rein on expenditures will only
release budget if a very clear and compelling ROI
case can be built, with payback often required in
as little as 90 days. These restrictions translate
to investments that must begin delivering value
to the business immediately, without requiring extensive
implementation and training cycles.
Aspen's history of execution and success, coupled
with its strategy and vision for managing the entire
application life cycle makes it a leading solution
provider. |
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