IT Lifecycle Management (ITLM) is becoming more important as an increasing proportion of any given organisation is dependent on an effective and flexible IT platform. Whereas IT platforms used to be replaced on a 10, 7 or 5 year cycle, the benefits of continuous IT asset replacement are becoming better understood. Knowing at what point an asset should be replaced, based on its usefulness to the business and its intrinsic residual value, can make an ongoing dynamic replacement approach based around a comprehensive ITLM strategy a highly cost-effective option.
However, approaching ITLM as an in-house activity will probably not achieve the optimum business value. Quocirca recommends that organisations look to external experts with the required deep domain expertise in ITLM to work alongside as trusted partners. A well thought through and implemented ITLM strategy will not only optimise how the IT budget is spent on the acquisition, management and disposal of IT assets, but will also ensure that the business is supported on the most cost-effective, flexible and optimised IT platform.
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