IT Supplier News, Insight, and Market Intelligence.
In This Issue:
- Why March is the Right Time to Re-do Your IT Services Agreements
- Top 5 Ways to Save on Kyndryl
- Top 10 Ways to Save on Mainframe - Part 0 (Bonus!) of 10 Part Series
- Top 5 Price Shock Phenomena of Cloud Costs
- Top 3 IT Supplier Market and Economic Messages for 2023
- The Top 10 IT Services Companies for 2023
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March is generally the time of year that many clients review, renew, reconsider, and/or renegotiate their IT Services Agreements. One of the reasons why we see an increase in IT Services Agreement activity in Q1 is due to the fact that many of the major IT Services Companies have their Fiscal Year-ends in March, so we understandably see a disproportionate number of renewals in the market at this time of the year. There are steps you can take now to save on these deals before their year end... Click below to read full article:
With the gloomy market outlook, many companies are in the process of canceling projects, delaying purchases, and making cuts in discretionary spending, but many clients fully realized that their Kyndryl deal is/was not one of the areas where they could easily make cuts without professional assistance, even when demand had shrunk. In fact, clients are noticing that Kyndryl is one of the many suppliers who is aggressively pursuing its own cost increase agenda - the very thing that customers can afford the least, so this clash of competing values couldn’t come at a worse time.
When it comes to Mainframes, we see incredible savings opportunities in 2023. Not since 2008 has there been as much downward pricing pressure on technology incumbents, and we believe meaningful savings targets can be achieved, but due to the market conditions, incumbent suppliers will be highly disruptive to any cost savings agenda, so it will require a commitment to do the hard work.
Click below to read the first installment in this series (note: if you can't wait for all the articles to come out, click HERE to request the full eBook in advance):
Price Shock is a phenomenon that occurs when client organizations migrate their workloads to the cloud and are then faced with the unexpectedly high costs of their resulting workload migrations. This is often caused by Fin Ops not fully understanding how costs are derived based on the somewhat faulty estimates of cloud resource consumption, and the slight misalignment between Fin Ops and Dev Ops when it comes to the solution engineering, configuration settings, and scalability automation of the cloud solution, sometimes resulting in wildly under-estimated expected costs. Click below to read all the reasons why this happens:
This will be a tough year for many in the IT industry as companies are challenged on many fronts. However, for those with the fortitude and the right partners - it can also be a transformational year for forward thinking strategic companies.
This will be a tough year for many in the IT industry as companies are challenged on many fronts. However, for those with the fortitude and the right partners - it can also be a transformational year for forward thinking strategic companies.
Many of you will remember last year’s very successful blog regarding the Top 10 India-Based IT Services Companies for 2022, where Mphasis was rated as the #1 overall performing “India-Based” IT Services Company.
We decided to expand the focus this year beyond “India” to include the rest of the world, and while India remains a critical region for offshoring talent, and certainly India-based firms are disproportionately represented in the analysis, the India-based firms are also competing (and winning) head-to-head with the global elite, so there is no reason why we can’t measure them in the full context of the highest demands of our global clients. Click below to read full article and list of Providers:
The first step in mitigating any risk with your SAP budget and ensuring you have the very best market pricing, terms, and conditions, is to complete our high-level benchmark. Simply answer a few questions, and we’ll instantly run that against our FMI (Federated Market Intelligence) database. Once this initial step is complete, NET(net) can give you direction on how best to proceed.
