Business Value from IT

Business Value from IT


IT Strategy

Future State Technology

Digital and Omnichannel

Service Improvement



Operating Model

Change and Transformation

The top challenges for senior IT leaders are reducing costs and increasing efficiency. The National Living Wage, higher business rates, inflation and Brexit-influenced exchange rate fluctuations are all driving costs up. Further cost pressure comes from adopting additional new technologies needed to stay competitive: CIOs are under continuous pressure to drive cost down.

Why you might need our help

  •  Improving cost management can deliver significant bottom line cost reductions, liberating funds either to increase profits or invest elsewhere
  • Customers’ demands for quality, speed of delivery and value continue on an ever upward path, fuelled by being better informed (often more so than the businesses they buy from) and the relentless pace of introduction of new and useful technologies and service providers. This is just as true of internal customers. Increased efficiency helps CIOs to meet rapidly changing customer expectations.
  • Managing costs is a “qualifier” for CIOs and their team – it is expected, and always part of the agenda. Driving efficiency in the business enables capital to be released for valuable growth projects, or can make an immediate benefit to the bottom-line of the company.

What Virtrium can offer

  • Financial Management
    • Governance and controls
    • Roles and Responsibilities
    • Tools and processes
    • How to create great Business Case and Track Benefits effectively
  • Efficiency improvements – we help reduce waste, increase speed and responsiveness:
    • Reduce process complexity
    • Eliminate duplication
    • Eliminate delays
  • Manage costs – we identify and remove sources of excessive expense (internal and external):
    • Redundant applications and hardware
    • Inappropriate supplier contracts
    • Economies of scale

How do we deliver

  • Efficiency improvements:
    • Use the Disciplined Improvement Process
    • Apply Lean Thinking
    • Apply Six Sigma techniques
  • Manage costs:
    • Develop hypotheses and analyse costs
    • Confirm benefits and assess risks
    • Build and implement cost reduction plans