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On-Demand Services –Thoughts from Down Under

AUTHOR: Michael Francis

I’m a principal systems engineer with VMware and have been involved in the development of our cloud operations services. I’m sharing my experiences through a series of blogs pertaining to on-demand services. In this first blog, I reflect on what got us to this point and will follow this up with a discussion on how on-demand services transform both business models as well as the engagement model between enterprise IT and the associated business. In the final entry I’ll recommend how on-demand services can be delivered effectively—where the rubber hits the road!—and I’ll get into some specifics.

On-Demand Services, Part 1 – Remind me of how we get here again…

I have been with VMware for nearly seven years and in the IT industry for 20+ years—and over that time, like others, I have seen many changes. I think the biggest game changers in the past two decades are the smartphone and tablet form factor computers. Both devices have brought a mobility and price point revolution to computing that has enabled access to information to a very broad population from anywhere, at any time. This combination of form factor and ease of access to information through self-service mechanisms almost overnight changed the relationship between enterprise IT and the end user.

Let’s look back—I had a O2 Windows-based mobile that I used for business in the early 2000s, and it was great. I had access to email in a rich interface and integration with my contacts and global address lists anytime I needed them. And, I could communicate with corporate messaging in a small form factor. However, what it didn’t give me was the flexibility to access information like I could with my home PC—I couldn’t easily extend it to run other applications. And unlike my home PC with its mouse-driven interface, this phone forced me to use the keyboard—which was like trying to navigate in Windows for workgroups using only a keyboard.

Then came the next generation of smartphone and the advent of the touchscreen, which was analogous to the introduction of a mouse to our personal computer. The interface was easier to use and navigate and could be so much richer from a features standpoint. But the real power was that I could access a new universe of applications through a single self-service portal. And, the applications were cost-relevant, which meant they were easy to consume and demo in order to select an appropriate set of applications that worked best for my specific needs. It changed the phone from being a fixed-purpose device with keyboard control to a touchscreen-driven, openly flexible device ready to provide me with access to the world at my fingertips, from wherever I was.

For the consumer, it was the simplicity to access a marketplace of application services and then self provision a service that was the point where so many rapidly engaged in this transformation. This ability to self service combined with the size of the marketplace fueled the prolific use of the successful smartphone and tablet platforms. Consumers had a single storefront with access to thousands of application service suppliers.

The on-demand services built into these consumer devices created a broad ecosystem of suppliers eager to be able to showcase their wares. The single application store provided a single location for consumers to shop for services. Do you see the similarities? In the past, the enterprise IT organization was “everything IT” to everyone in the organization—from manufacturer, to distributor to reseller—and the consumer had little choice. Stepping up to meet demand, software as a service (SaaS) providers are the smartphone application builders for enterprise services, and like smartphone applications, more and more consumers seek their services.

So what’s missing from this equation? What’s missing is an equivalent enterprise-class, consumer-relevant application store with access to all IT services. An on-demand services capability within the enterprise to be the storefront to a varied selection of IT services—some sourced internally, some externally.

There’s another aspect to this transformation—and that’s the ease of creation, delivery and price point of these smartphone applications. All of which created a need for an agile application platform offering a low-cost of entry to feed the demand of so many new suppliers entering the market. Further, the swings in consumption of suppliers’ offerings has perpetuated the need from application suppliers to pay for flexible-scaling, consumption-based models for underlying compute capacity.

To sum things up, the on-demand services in our smartphone and tablet devices opened up access to services and information beyond what was previously available, using a single application store interface that made things simple to consume. It moved the power base of information access from enterprise IT into the hands of the consumer. The velocity of uptake of these consumer devices spawned cloud computing, cloud computing service providers and the concept of service consumption-based computing. On-demand services have transformed consumer information access.

I’ll follow up soon on how the introduction of on-demand services into the enterprise can transform business models and the engagement model between enterprise IT and the business.

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Michael Francis is a principal systems engineer at VMware, based in Brisbane.

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Is the Software-Defined Data Center a Good Fit for Financial Services?

Author: Mark Sarago

Most of my career as a chief information officer was in the financial services field, including mortgage banking, insurance and auto lending/leasing. Financial services companies, as well as healthcare providers and insurers, have heightened sensitivity to industry compliance rules and customer privacy concerns. As a result, the IT organization often prioritizes its focus on a tight security profile.

Compliance and privacy concerns range from restricting access to customer Personally Identifiable Information (PII), patient healthcare records (HIPAA compliance), and the company financial data or customer equity and bond trading transactions (SEC compliance). Breaches to data security that result in violations of compliance and privacy rules can result multi-million dollar fines or severely tarnishing a well-established brand.

It was not uncommon for my organization’s chief risk officer or chief legal counsel to forcibly mandate that no company or customer data move beyond the “four walls” of our dedicated data centers.

Recently, as a VMware Accelerate Advisory Services strategist working with a global financial institution, I saw this security mandate extend to a prohibition against the use of public cloud services or the use of multi-tenant, co-located data centers for business software application development, quality assurance procedures, and high-volume stress-testing activities—even when the underlying test data was completely fictitious! (click on image to download related case study)

The main concern with using a public cloud is that services are typically provided in multi-tenant environments. Multi-tenancy is the norm because it significantly reduces the operating costs for the public cloud provider. As a result, financial services, healthcare and insurance companies usually bypass pubic cloud solutions in favor of implementing private clouds within wholly owned or dedicated data centers.

The capabilities offered by the software-defined data center (SDDC) are perfect for private clouds, and accordingly, are an appropriate fit for financial services, healthcare and insurance companies that operate dedicated data centers.

SDDC provides software systems and technologies to virtualize networks and storage, as well as servers. SDDC implementations result in reducing overall CapEx and OpEx costs while enhancing automated workload provisioning, pooling resources and application security.

Financial institutions, healthcare and insurance companies that are early adopters of SDDC technologies are focused on implementing the components in dedicated private clouds. I expect this trend to continue as SDDC features become more widely adopted in the near-term future.

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Mark Sarago is a business solutions strategist with VMware Accelerate Advisory Services.

VMware AccelerateTM Advisory Services can help you define your IT strategy through balanced transformation plans across people, process and technology. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

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NYSE Technologies’ Capital Markets Community Platform

 

Figure 1: End-to-end solution completely owned and delivered by NYSE Technologies

Jason Hill, VMware’s Head of Strategy and Transformation – Technical Services EMEA, recently presented at Cloud Nation, the Enterprise Architecture Leadership Forum, where he introduced how companies like NYSE Technologies are helping financial services firms achieve business agility through cloud computing, including faster product launch, real-time data management and support for trading in new markets.

In this video, Saurabh Misra, Solutions Consultant, NYSE Technologies, illustrates two use cases of the NYSE Technologies Capital Markets Community Platform. The first use case (in figure 1 above) features a client case study of a US firm looking to extend services to Tokyo with no local footprint.; the second is an investment firm looking to reduce technology costs, gain access to new technologies and reduce time-to-market for new strategies. 

Where Are You on Your Journey to ITaaS?

 

According to an independent research study* by Management Insight Technologies, the path to ITaaS is a three-phase journey. This VMware infographic illustrates that CIOs who are moving their organization forward on the journey are unlocking new forms of value for the business.

 * From an independent study conducted by Management Insight Technologies, the fourth annual study of its kind. Its findings were gathered through a blind market sample spanning several countries, weighted by customer size in each region.

The Complexity of Choice and What it Means for IT

AUTHOR: Daryl Bishop

I recently listened to an interview with Barry Schwartz, author of The Paradox of Choice1. In his book he explores the modern Western industrial society tenet that, as individuals, in order to maximize our welfare, we all need to have freedom—and the way to maximize individual freedom is to maximize freedom of choice. So what happens if consumers, for example, have seemingly unlimited choice?

Schwartz’s hypothesis is that the sheer volume of choice in front of consumers today causes paralysis rather than liberation. Instead of selecting “a thing” that best suits us, we are confused by all we have to choose from and are often dissatisfied with our ultimate choice (the pursuit of perfection effect). The author goes on to suggest there may be a causal link between the increased percentage of depression cases in Western societies and the choice paradox. Schwartz suggests that the magic number for choice in retail is between six and eight; under six and it feels like we have no choice, and over eight—too much choice.

I have observed this effect for quite a few years now, and I term it the “Boost Juice effect.” A number of years ago in Australia, there was a surge of juice bars, the most recognizable being Boost Juice. There was one other major juice bar chain (its name escapes me), and several smaller ones across the country. At the time, Australia was going through the juice version of the Dutch Tulip craze—juice bars on every street corner.

The difference for me between Boost Juice and the also-rans was not the quality of product, rather that Boost Juice had a limited menu, and it was relatively simple to choose your juice. If I wanted a smoothie, there were six flavors to choose from and similar for a fresh juice. The other bars went with the total freedom of the “make it yourself” formula. I had one juice from this store, and to be honest I found the process to make my own juice confusing, and frankly it took me too much time to make my mind up. Sure the juice was fine, however my experience wasn’t great. While I’m not saying the other stores disappeared solely due to “the paradox of choice” conundrum, I do believe it was a contributing factor.

So What Are the Implications for IT?
My position is that a contributing factor for failure or missed objectives in technology programs and transformation endeavors is too much freedom of choice. With so many conflicting and complementary options from different vendors, CIOs and IT management—with the best of intentions—strive for perfection and, for the same reason as consumers, are ultimately let down by the experience. Instead of looking for the best-of-breed products at each level in the stack, make decisions from a viewpoint of integration, solution-orientation and integrated services.

When assessing the purchase an IT solution, ask whether:

  1. The vendor provides an integrated solution; do I have to buy plug-in components from other vendors to complete the stack? My observations are that for some of our customers integrating so-called best-of-breed products versus single vendor solutions often drives integration and support issues during and after the project. It’s the old adage, “perfection is the enemy of delivery.”
  2. Are there clear reference sites where you can verify the integration of the vendor solution? Similar to throwing meat into the water and telling a shark not to eat, some vendors will promise any and all without providing clear evidence.
  3. Is the vendor strategy clear, concise and is the strategy and roadmap complementary to your IT and business objectives?

Definitely use competition for your own benefit; however don’t go mad with choice. Limit choice, and be smart and focused on your desired outcomes and long-term objectives. VMware provides product suites—cloud infrastructure and EUC solutions—that are heavily integrated and backed up by strategy and technology consulting services. Over time other vendors will follow, providing suites or solutions rather than point products. The VMware vCloud Suite for example, is a complete cloud infrastructure solution covering the hypervisor layer right up to the cloud portal, managing and monitoring layer. This suite removes complexity by simplifying choice, while being flexible enough to meet customer needs.

As a consumer, you don’t need to buy separate hypervisor, automation, security, monitoring and management components and then throw the integration dice. Of course, you can if you wish—choice hasn’t gone away. It’s up to you how much choice you want, and you can dial it up or dial it down. I believe too many years of “dialed-up” choice is one of the contributors to project blowouts caused by cost overruns and missed delivery targets.

Above all else, IT management should strive for 100 percent perfection in project delivery and lifecycle management. Ask yourself whether the level of choice is providing a better project outcome or rather is increasing the risk of project delivery. Where possible, limit choice and think strategically around proven integrated solutions to meet your business objectives.

1Listen to Schwartz’s “The Paradox of Choice” TED talk
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Daryl Bishop is business solutions architect for VMware Accelerate Advisory Services, based in Melbourne, Australia.

VMware AccelerateTM Advisory Services can help you define your IT strategy through balanced transformation plans across people, process and technology. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

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Delivering and Deploying IT Services: The Poison and the Remedy

AUTHOR: Eric Ledyard

IT is caught in the middle of two opposing forces at all times—balancing the demands of the business with the challenges of IT. To be successful, the IT organization needs to change the way it creates, deploys and runs the services it provides the company.
I find when working with most of my customers that there is a dichotomy between the goals of the business leadership teams and the goals of IT. For the CIO to be successful, she needs to solve for the challenges facing her organization while enabling the business to achieve its goals—in a full strategic partnership—through the delivery of products and services as an IT service provider.

The first step for the CIO is to build an agile IT infrastructure that streamlines the development and deployment process of new and existing IT products, which speeds time to market of new services, which then enables the business to attract and retain new customers thereby increasing enterprise growth. This also allows the company to either retain its industry leadership or gain market share by outpacing its competition.

I continuously reinforce with my customers that IT should be viewed not as a cost center as it traditionally has been, but rather as the vehicle for driving additional top-line revenue within the company. The compelling benefits of modernizing the application development lifecycle, as an example, and the profound impact that can have on the business is detailed in this recent VMware Accelerate white paper.

The next challenge the CIO faces is how to reduce the operating costs to provide services to the business without impacting the flexibility and agility that allows her IT organization to drive down the time to provision and deploy services. This has always been a daunting question for the CIO—how do you continue to provide the highest levels of service to your users and respond quickly to business needs without overcompensating through inefficient staffing and/or underutilized infrastructure?

The Journey to IT Service Provider Excellence
In working with many large organizations, most recently one of the largest global financial institutions, I have determined that there is a solution to achieving the goals of the business while dramatically reducing costs. The IT organization’s journey is made up of three core pillars: operational (which includes organizational), financial (ITBM and ITFM), and the infrastructure and technology stack. Only by optimizing all three core pillars will the CIO meet the goals of both the IT organization and the business.

By optimizing operational and organizational aspects, the CIO can fix many of the problems of traditional IT environments. Time to market is reduced from weeks to hours by automating processes and procedures. The number of people it takes to get services built and provisioned into the environment is further reduced by leveraging integrated development and deployment tools. The IT organization is streamlined by eliminating silos of disparate teams working on isolated projects—bringing them together as one team, with a common set of goals and focus.

Implementing an integrated IT financial management and IT business management suite provides visibility into actual costs to provide services to customers, and, can optimize the environment in real time—making decisions that keep costs low by choosing the most effective way to provide services. In the same way that a stock broker makes decisions based on a toolset that tracks real-time markets, the CIO gains the power to become an IT service broker—making decisions based on real-time financials coming out of the environment.

Finally, an elastic, agile infrastructure stack can introduce new, increased levels of agility and response time to provision and deploy new services. The CIO can keep costs low by moving away from complex siloed infrastructure pools toward software-defined resource pools on common infrastructure. Then, by leveraging IaaS capabilities such as full automation and self-service provisioning, time to market is reduced and solid application platforms are provided quickly and reliably.

Ultimately, the ability for the CIO to provide the business with the services it needs has never been easier to achieve. Technology advancements and toolsets allow today’s CIO to become a valued business partner, driving top-line revenue and increasing earnings per share to company shareholders.

Coming soon…how to become the best service provider in the industry to the business.

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Eric Ledyard is a business solutions architect for VMware Accelerate Advisory Services. Follow him on Twitter @ericledyard

VMware Accelerate Advisory Services can help you define your IT strategy through balanced transformation plans across people, process and technology. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

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EUC Technology Investments—Is Your Vendor Worthy?

by Christopher Janoch

When I logged in to my iPad this morning, I was greeted with the alert that several of my applications had available updates for me to download and apply. As many of you know, this is not unusual—rarely a day goes by without a new version, update or patch being made available.

Software development cycles have been rapidly increasing in the end-user environment, as vendors race to release smaller, incremental enhancements to their products and services. The fact is, the pace of this progress is expected—even demanded—as users clamor for the newest functionality, greatest advantage, and hottest technology. I even have some clients that have deployed beta ware into their production environment; eager to embrace a product’s newest features at the risk of stability and supportability.

This fervor has caused me to reflect however, upon how my choices of software acquisitions have changed over the past decade. Previously, the decision to purchase an application (personal or enterprise) was a comparative process of static, point solutions. Did the application or service have all of the functionality I required? Were all of the integration points in place? Line by line, feature by feature, how did it compare to the leading competitors’ products?

Increasingly I realize that my purchases resemble investments in a strategic direction rather than a simple product purchase. The app in question may not have everything I desire, but with update releases following so rapidly is the product developing the way I wish? Were the previous releases acceptable? Based upon reviews and comments, has the vendor shown a trend of successful products that were well-supported? I believe very seriously in “voting with my feet,” a strategy where good behavior is rewarded with my patronage, and unacceptable service prompts me to seek elsewhere. My application purchases (or vendor investments) have the power to shape the development strategy of future products and services.

The next time you prepare to purchase an application or enterprise service, first ask yourself if you have considered the proven history of the vendor, supplier or developer. If your purchase can be considered an investment, is the vendor worthy of your investment? And is the vendor embracing the same future vision as you are?

VMware Accelerate Advisory Services can help you define your end-user computing strategy through balanced transformation plans across people, process and technology. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

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Christopher Janoch is a business solutions architect for VMware Accelerate Advisory Services. Follow him on Twitter @cjanoch

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Data, Data Everywhere…Except Where I Can Access and Use It

by Christoper Janoch

I sat next to a senior sales executive from a large cellular reseller on the plane today, who was bitterly complaining about how mobile devices were complicating his life. He was carrying two cell phones, an iPad and a laptop—all with different applications and services—and he was struggling to access and email a document from one device that he had created on another. His struggle is not unique; studies show that over 52 percent of information workers use three or more devices for work.[1]

In another example from a recent client engagement, I was interviewing a remote office manager who was required by her office to carry two separate laptops—one for use in her client’s network environment (which she used for meetings, presentations and project scheduling), and one for her company’s native environment (which she used for resource management, corporate email and secure document access).

Both of these scenarios are a result of relying on single point solutions for application services and security. In the first example, the gentleman next to me had gone rogue—he was relying upon applications not supported by his company to be more productive. With the widespread availability of powerful mobile devices, it has become very easy to find, purchase and download software to enable flexibility for your personal user-computing environment. For every conceivable need it seems, “there is an app for that.” A survey of U.S. employees indicated that 27 percent of employees use do-it-yourself technology to increase capabilities and become more efficient.[2] And in response to the demand, the mobile applications market is expected to reach USD$ 33B by 2015.[3] And, a market that relies upon a patchwork system of different mobile device providers, software vendors, non-standard access methods and multiple storage points that makes data management troublesome and exasperating for the end user—to say nothing of the security challenges involved. Files become increasing scattered across multiple areas, yet they never seem to be where and when users need them.

In my second example, the office manager is sincerely attempting to comply with her firm’s security requirements, but multiple security access requirements have added to the complexity of her personal compute environment. Her email is available via the Internet, but corporate files can only be accessed through VPN. Her team collaborates through a cloud-based storage provider, but several of the applications she relies upon are SaaS-based, requiring different credentials and secure protocols. To make matters even more challenging, the client sites she frequents, restrict access to cloud providers and will not set up point-to-point VPN access for her occasional use. Her only options are to use separate on/off premise computer systems, and to rely upon a cellular card for remote VPN access (requiring yet another set of access credentials.)

Both working condition examples speak to the need for a platform-based solution—a holistic environment that offers enterprise-level services equivalent to popular point solutions and integrated security architecture to allow consistent access from anywhere.

VMware offers a comprehensive solution, VMware Horizon Workspace, that answers this challenge by offering a universal broker of services, extending two-factor identity authentication and single sign-on access to enterprise applications, corporate data storage and SaaS services. Horizon Workspace also works through common security protocols, so it can be accessed by any device type in any location. As an enterprise-class, aggregated workspace, it is also a comprehensive solution for IT management—by turning disparate operating systems, applications and data into centralized services that can be easily provisioned, managed, backed up, updated and secured with policy-driven access and delivery safeguards.

VMware Accelerate Advisory Services can help you define your end-user computing strategy through balanced transformation plans across people, process and technology. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

[1] Info Workers Using Mobile And Personal Devices For Work Will Transform Personal Tech Markets – A BT Futures Report (Forrester, 2012) by Frank E. Gillette
[2] Mobile Workers Use Personal Apps to Solve Customer Problems. Is IT Ready, Willing and Able to Assist? (Forrester commissioned report, 2012)
[3] Mobile App Internet Recasts The Software And Services Landscape – A BT Futures Report (Forrester, 2011) by John C. McCarthy

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Christopher Janoch is a business solutions architect for VMware Accelerate Advisory Services. Follow him on Twitter @cjanoch

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The Mobile Enterprise

With the recent announcement of VMware Horizon Suite, it’s clear that IT is moving forward in response to the workforce adopting more and more devices and platforms that provide mobility and productivity anywhere. Greater productivity is a touted benefit of the BYOD revolution, but it leaves CIOs cautious of potential pitfalls such as defining a security and governance policy that does not expose the organization to undue risks. The following infographic outlines the usage rates of preferred technology and sheds light on how BYOD is affecting the perception, support and deployment of mobile devices.

Cloud Computing – Build IT and They Will Come?

by Derek Lacks

In a meeting with a Fortune 100 CIO last week, the well-known line from the baseball classic Field of Dreams came to mind: “If you build it, he will come.” In the movie, the main character was compelled to plow under highly lucrative cornfields to build a baseball diamond in the middle of nowhere. The only thing that kept him going was the voice in his head that reinforced the promise that lie ahead.

So, why was I reminded of the classic movie line? The CIO had just told me that his organization had recently stood up its tenth private cloud in the past 24 months. The problem was, there were no users. I know what you’re thinking—why 10 clouds? That’s a story for another day. I want to focus on the same blind faith that led this organization to commit the time and resources to build its collection of clouds.

The CIO was not looking for my validation that what he built was right, he was sharing his unfortunate realization that his organization didn’t have the necessary skills to make his cloud initiatives successful. The core competencies that had contributed to his past success were no longer enough, and to evolve his organization to the strategic service broker required to meet the needs of his end users, he required core IT competencies from his team that previously were non-existent. These included individuals focused on managing the lifecycle of the service catalog; to the internal IT sales teams who were going to effectively position the value and drive user adoption; to finance teams focused on ensuring that services were achieving their pre-defined financial goals around cost and impact (see Figure 1).

Figure 1:  Business of the Cloud – Shifting IT Competencies

Why the sudden shift? With the advent of competition for internal stakeholders, IT shops no longer have a monopolistic hold on their internal customers. Public cloud services such as EC2 and Rackspace have infiltrated the safe haven of core IT and are providing disenfranchised IT users something that they have never had since the inception of the IT department— an alternative. All they need is an Internet browser and valid credit card.

As a result, IT organizations, understanding that they have to up their game and become more responsive to internal customers, have turned to cloud-enabled services, such as infrastructure as a service (IaaS) and platform as a service (PaaS ) to slow down the exodus. This was recently the case with another client of mine who wanted to build out PaaS in direct response to a sizeable percentage of his company’s development teams going directly to an external provider for their infrastructure requirements.

Which leads me back to my “if you build it, he will come” analogy—the CIO now realizes that building and standing up the technology was just the ante. To be successful and drive adoption, he has to approach the services that he extends as would a product company. His team’s traditional IT functions need to parallel the engineering teams within a product company that are manically focused on building a product that meets specific customer requirements. And the job doesn’t end once that product is built. The CIO needs to continue deliver the IT services demanded as the new teams engage—product managers, sales, marketing and finance —to take that product and exploit its commercial goodness going forward.

To do this, IT must transform from being a cost center to a service broker—a “business within the business.” The mission of the CIO needs to shift from being a supplier of technology to a strategic service provider that anticipates the needs of the business. An organization once charged with keeping the lights on is now expected to drive competitive advantage by providing business users with the optimal mix of services at the most competitive price points.

Based on these requirements, a new business management toolset needs to be leveraged to provide the requisite level of visibility, transparency and clarity into the business. In addition to traditional measures—such as system availability, application performance and utilization levels—IT executives will also need access to business-oriented metrics such as compliance to service-level agreements (SLAs), forecasted demand, profitability and customer satisfaction. CIOs will require insights into their business in order to execute with a service broker mentality, such as:

• What are the services that I provide and how do they compare to available alternatives?
• What are the costs of those services so I have the ability to make strategic decisions in terms of whether I will source that service internally or explore a better external option to leverage?
• Are my pricing strategies that I have deployed driving versus stunting adoption?
• Who are my power users, and am I meeting their specific requirements?
• Can I provide a value add to externally sourced IT suppliers that results in greater stakeholder satisfaction?

IT business management solutions, which up to this point have been a “nice to haves” driven by IT finance, are now a prerequisite for IT executives looking to execute on the service broker opportunity. The ability to articulate cost structures, track business unit consumption and adoption, and monitor the quality of services delivered will provide the basis for validating success or failure to your business stakeholders.

The VMware IT Business Management (ITBM) suite provides transparency and control over IT costs, services and quality. By automating previously manual process and providing a business context to what IT does, IT moves from a technology orientation to a service broker orientation with an IT portfolio of services managed to align with business needs. With benchmarks providing objective evidence of where IT is today, where IT could be and illuminating the path to where IT wants to be—ITBM provides the fact-based approach needed to minimize the cost of IT while maximizing competitive advantage so CIOs and IT executives can run IT like a business.

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Derek Lacks is a business strategist for VMware Accelerate Advisory Services.

VMware Accelerate Advisory Services provide high-value enterprise IT strategy consulting to help CIOs and their key stakeholders to accelerate IT and business transformation, and can help your organization maximize and even accelerate its evolution into this new role as service broker. Visit our Web site to learn more about our offerings, or reach out to us today at: accelerate@vmware.com for more information.

Would you like to continue this conversation with your C-level executive peers? Join our exclusive CxO Corner Facebook page for access to hundreds of verified CxOs sharing ideas around IT Transformation right now by going to CxO Corner and clicking “ask to join group.”