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All posts in monetizing IT

Enterprise IT is once again in the eye of the perfect storm of convergence with mobile, cloud and social technology factors. Enterprise CIO’s must manage IT budgets of hundreds of millions of dollars and reduce operating expense given the increase in budgets is not increasing more than 0.7% a year. While doing this, they must provide higher quality service that “aligns with the business” and manage a service delivery stream that is being turned on its head due to BYOD and consumerization of IT.
One lesson on the road to Lean operations is that IT needs the systems and processes in place to run a strategic business function. IT delivers Services and LOB apps to the business. Organizing around common business processes to the business and providing for mobile enabled LOB applications and services IT can be on a road to services that can be monetized. Organizing around services provides a common language on which to align IT with the Business and moving to a new platform of mobile, social and cloud can create a market for IT products. This establishes a framework for IT to operate like a ‘business” and manage the true costs and value of the services delivered.
Enterprise IT can then make supply decisions based on demand for e.g. do we bring out mobile sales or mobile services or mobile travel first. Enterprise IT can weigh market alternatives (cloud solutions, outsourced development cost)on equal terms. In addition, IT can establish a credible baseline unit cost of each service per user per seat, and acquire visibility into the discrete cost drivers of each service. By tracking the subscription cost per business service , IT leaders can communicate with business leaders in a language they understand, manage demand for IT Services, and better align with business priorities. Based on this model they can extend services built for their enterprises to others.
This is where MoNimbus™ can help accelerate enterprise IT to move into a revenue model for applications investment. MoNimbus™ changes the velocity of mobility adoption and its economics with its platform for configuring business services and readymade solutions. Enterprise IT can either make their own investments and depend on MoNimbus to embrace mobile social and cloud or go through NoNimbus public cloud for enterprise application hosting and configuration for optimized mobile experience.