While simple fixes may cost a few thousand dollars, lost revenue from equipment failures can run into the millions of dollars in lost productivity and replacement costs. There can be longer-term impacts, too, if the downtime inhibits a manufacturer’s ability to meet customer needs.
That’s why it is important for companies to think about lubrication and equipment maintenance holistically, recognizing that short term cost savings may be leading to bigger, preventable expenses over the long term.
By adopting a total cost of ownership (TCO) program, companies can find efficiencies they didn’t even know existed and reap benefits they didn’t realize were possible. Download our white paper, “The Cost Reduction Game,” to learn more about how a TCO program can help increase equipment reliability, extend equipment life, and lower energy costs.
HPE Nimble Storage has broken away from convention and transformed how storage is managed and supported with the
HPE InfoSight predictive analytics platform. HPE engaged ESG to conduct a quantitative survey of the HPE Nimble Storage
installed base, as well as non-HPE Nimble Storage customers, to better assess how HPE InfoSight positively impacts
customer environments. Both HPE InfoSight telemetry data and ESG’s quantitative survey data show that the benefit
delivered to HPE Nimble Storage customers is significant, driving:
• 79% lower IT operational expenses.
• 73% fewer trouble tickets in the environment, which are resolved faster.
• 85% less time spent resolving storage-related trouble tickets.
• 69% faster time to resolution for events that necessitate level 3 support.
• The ability to manage and troubleshoot the entire infrastructure environment from a single, intelligent platform.
Datacenter improvements have thus far focused on cost reduction and point solutions. Server consolidation, cloud computing, virtualization, and the implementation of flash storage capabilities have all helped reduce server sprawl, along with associated staffing and facilities costs. Converged systems — which combine compute, storage, and networking into a single system — are particularly effective in enabling organizations to reduce operational and staff expenses. These software-defined systems require only limited human intervention. Code imbedded in the software configures hardware and automates many previously manual processes, thereby dramatically reducing instances of human error. Concurrently, these technologies have enabled businesses to make incremental improvements to customer engagement and service delivery processes and strategies.
According to a McKinsey study, half of all outsourced projects failed to meet their expected goals – while an Information Week Survey showed that 40% of outsourced projects did not save money! Factors that contribute to these problems include issues with quality, time zone challenges, and added travel expenses, among others.
Published By: ServiceNow
Published Date: Jul 24, 2015
A successful IT Asset Management (ITAM) program can help you lower your costs and increase your asset utilization. You benefit by avoiding unplanned expenses, reducing the effort required to manage your assets, and making better business decisions.
Kimpton Hotels and Restaurants prides itself on the personalized connection between hotel staff and guests. In order to be successful, their IT infrastructure needs to be agile, secure, and reliable.
After deploying EMC converged infrastructure from VCE, Kimpton achieved a 25 percent reduction in operating expenses, and they can now stand up virtual machines (VMs) in minutes to capitalize on business opportunities, compared to days or weeks with the old infrastructure. Read this customer case study to find out more about how Kimpton was able to reduce their costs while improving the performance of their IT environment.
Discover how HPE Advisory Consulting Services consolidates and modernizes workloads and technology siloes, simplifying administration, and improving automation. Learn how IT organizations can support on-demand IT services and enable DevOps, self-service IT and agile development practices, while reducing equipment and operating expenses. This HPE Blueprint provides them with an overview of the steps they need to consider to achieve this outcome. This is valuable information to the IT person, particularly when they don’t know where to begin.
Published By: Workday
Published Date: Oct 13, 2017
SaaS solutions are fast becoming the default deployment option for enterprise applications from Customer Relationship Management (CRM) and Human Resources (HR) to expenses. With growing momentum and interest in SaaS solutions, we explore a market leading SaaS provider, Workday, and understand how it’s finance solution can enable the transformation of the finance role; what it can deliver and why it is different.
Published By: Dell EMC
Published Date: Nov 06, 2015
Learn how Purdue Pharma decreased projected capital budget by one-third annually and are expected to reduce operating expenses by $2 million over the next 5 years with Vblock Systems.
It’s all about minimizing surprises. This handy resource provides a high-level, high deductible health plan crash course, some basic tips for getting started, and a worksheet to help you be sure you’re using your plan in the best way possible.
When effectively applied in a cement plant, automation and control technologies can significantly reduce energy expenses, while helping to increase production and reduce waste.
Published By: Concur ENT
Published Date: May 11, 2018
VAT rules can be complex, HMRC – a gauntlet. In this eBook, we demystify some of the facts around
compliance, tax and expense management.
The British economy has gone from boom to bust. The recession followed by a long period of austerity
and caution has altered spending behaviours while the government has increasingly cracked down
on tax evasion and fraud. HMRC has become more focused on assisting businesses of all sizes to
comply with their policies and implement good governance when it comes to finances.
Nevertheless, the reality can sometimes be confusing and the penalties for getting it wrong – severe.
Many businesses outsource their tax management to experts or muddle through, running the risk of
non-compliance. There’s a real need for unambiguous, helpful advice about expenses, VAT and
HMRC compliance.
We’ve created this guide to help shine some light on the processes, practices and behaviours around
tax and expenses based on some of the frequently asked questions we receive. Wh
Published By: Concur ENT
Published Date: May 11, 2018
Business travel accounts for the majority
of your employee expenses. Travel and
expenses are intrinsically linked, so why
not manage them together?
When you combine travel and expense, some
questions are easier to answer:
• Where can I find a full picture of travel and
expense spend?
• Are expense claims aligned to my travel policy?
• Can I reclaim some VAT?
To connect travel and expense management,
businesses usually look for software that can
manage both processes from beginning to end.
This is commonly referred to as an integrated
solution. The results could be cost savings,
faster delivery or improved employee adoption
and satisfaction
Though many leading enterprises have moved to automate their expense management, there are still corporations that continue to manage their travel and expense as two separate processes, or manage their expense claims either via a paper, a spreadsheet-based system, an out-dated and costly legacy system or one developed in-house. Download this whitepaper to learn more.
Many organizations are looking for opportunities to reduce costs across the enterprise. Research shows that 7 to 10 percent of the average organization's budget is spent on expenses related to travel and entertainment (T&E), so now is the time to take a better look at this large area of spend.
Join us for an informative webinar and learn how easy it can be to create exceptional value through FP&A. Don't miss this opportunity to learn key strategies for transforming your budgeting, forecasting, and reporting processes.
Join us for an informative webinar and learn how easy it can be to create exceptional value through FP&A. You will hear case studies describing how leading insurance companies worldwide have been able to move beyond Excel and save time, enhance companywide collaboration, and improve business decisions - ultimately resulting in higher revenues and profits. And you'll also see a demo of how Adaptive Planning's award-winning software creates value for insurance companies.
Adaptive Planning's award-winning solution makes it incredibly easy to move beyond spreadsheets and transform budgeting, forecasting, monthly variance reporting, and what-if analysis. With Adaptive Planning, your FP&A processes can be far more efficient, accurate, and collaborative -- resulting in better decisions that increase revenues, decrease expenses, and create greater strategic value.
Published By: Workday
Published Date: Aug 08, 2018
Cloud-based systems are the future for cities and counties looking to reduce budgets and
use staff wisely. The cloud allows governments to end constant upgrades to legacy systems, improve
security, and invest in operations—not capital expenses. Join the Governing Institute for an overview of
the benefits of a migration to the cloud and gain valuable insights from the City of Rochester’s successful
transition.
Published By: Workday
Published Date: Mar 02, 2018
Before Workday, Panera Bread’s payroll processes were manual, inefficient, and error-prone,
and payroll nightmares and compliance risks were a regular occurrence. Complex systems and costly
integrations made it impossible for the company to keep up with its rapid growth or gain valuable
insights into global labor expenses. See the infographic to learn why unifying HR, payroll, time tracking,
and absence management in a single system allows Panera to use one consistent, flexible, and scalable
system across the U.S. and Canada.
Published By: ServiceNow
Published Date: Nov 22, 2013
As technology continues to advance and the new reality is based on an infrastructure that includes physical, virtual and cloud resources, IT departments need to find new ways of managing and securing this vastly different technology ecosystem.
By implementing the VMware App Volumes™ application management solution, OGL built a multitenant VDI environment that delivers an extensive range of applications to customers in real time, with full application functionality on any device, while also reducing OpEx and CapEx. Download this case study to learn how OGL Computer addressed these issues and more with VMware App Volumes:
• Scale VDI service for more customers and applications.
• Reduce expenses of Citrix VDI solution delivery.
• Deliver and manage applications dynamically, in real time.
• Give users desktop access on any Internet-connected device.
Sarah Cooke 
Don Shoultz 
Marc Rapport 
