How Real Time Asset Management Can Save Data Centers Millions of Dollars

April 11, 2019

In today’s fluctuating markets, business executives are finding opportunities and challenges in almost equal measure. Over 65% of the CEOs that responded to PwC’s 2015 US CEO survey reported they are seeing more opportunities now compared with three years ago, but 60% also see more threats.1 One thing is certain: markets are changing more rapidly than ever, and the organizations that survive will be those that focus on value and efficiency. Those that convert their savings to opportunity will thrive. The lean times of the last decade have brought a renewed focus on total cost of ownership (TCO), and understandably so: an accurate assessment of the direct and indirect costs of owning a data center asset throughout its lifecycle is fundamental to decision-making. But IT budgets have increased each year since 2011 and astute business leaders now view TCO through a different lens, considering not only the cost of owning an asset but also its value to the organization.2 Their goal is not arbitrary costcutting but resource optimization to extract maximum value from every asset.

Spotlight

MDSL

MDSL is a world leader in Technology Expense Management Solutions and Market Data Management and partner with enterprises to provide clarity, control, compliance, and cost savings across their global technology estates. Our unified expense management platform encompasses categories such as telecoms, cloud services, the Internet of Things and Financial Market Data. By providing best practice procedures, unparalleled visibility of spend and automating time-consuming processes, MDSL helps ensure global digital transformations are smooth, secure and cost-effective.

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