Cost Reduction Strategy for IT Resource Management

This case study outlines the challenges faced by a leading global financial institution with over 30 million customers, which encountered high costs and multiple expensive vendors straining its IT resources. The institution aimed to save $75 million by consolidating IT divisions to eliminate duplicate operations and products. The focus was on evaluating the mainframe environment, particularly the use of NetView and NetMaster, to enhance efficiency. The study details the decision-making process that led to the evaluation of Syncsort Network Management as a potential solution. A proof of concept was conducted to assess the technical capabilities of Syncsort, including its performance, feature set, and migration security. The evaluation criteria included one-time and recurring costs associated with the network management solution and IBM mainframe, as well as staffing resource requirements. The case study emphasizes the importance of streamlining operations and reducing costs while ensuring a secure and efficient IT environment.