• DocumentCode
    548733
  • Title

    IT monitoring and cost control

  • Author

    Santos, Tiago Manuel Palas ; Silva, Miguel Mira da

  • Author_Institution
    Inst. Super. Tecnico, Lisbon, Portugal
  • fYear
    2011
  • fDate
    15-18 June 2011
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    The growing importance of Information Technology (IT) in organizations enhances its overall performance. However, top management has the perception that IT costs are high due to the lack of transparency in its control because the IT budget is, usually, the only financial data resource available. The problem that this research aims to solve is the fact that the IT budget, per si, does not provide the necessary information to support decision making about the cost optimization strategies to implement. The proposal for solving this problem is the definition of performance indicators, taking into account the IT budget data, to justify IT cost optimization strategies. In order to evaluate this investigation, a prototype was developed in OutSystems, which supports the proposed methodology, enabling support for decision making.
  • Keywords
    cost reduction; decision making; optimisation; IT budget; IT cost control; IT cost optimization strategies; IT monitoring; OutSystems; decision making; financial data resource; information technology; Balanced Scorecard; Cost Optimization; Decision-Making; Information Technology; Perfomance Indicators;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Systems and Technologies (CISTI), 2011 6th Iberian Conference on
  • Conference_Location
    Chaves
  • Print_ISBN
    978-1-4577-1487-0
  • Type

    conf

  • Filename
    5974176