Cost Reduction

It is crucial to review IT spend in order to identify areas of excess or overlapping solutions that can be fine-tuned to reduce cost. Symphony has the expertise to uncover cost-saving opportunities in Hardware, Software, Maintenance & Support, and Professional Services. Our benchmarks and best practices applied to pricing and contract terms have helped us achieve savings that far exceed our fees. Depending on the size of the spend, we have achieved Returns on Investment (ROI) ranging from 5X to over 100X, allowing us to become self-funding in a very short period of time.

Examples of services we can provide:

• Review your current spend and contracts associated with various hardware, software, and services solutions in your environment
• Identify overlapping or excess solutions, licenses, support, etc.
• Provide recommendation for rightsizing and/or rationalizing your software license portfolio
• Compare your pricing to industry benchmarks for the size of your purchase/renewal
• Strategize on various alternatives such as platform changes, supplier consolidation, or simply negotiating with incumbent suppliers