IT Benchmarking: Assess Investments and Performance Optimization Fast and Objectively
By reducing technology complexity and realigning talent, among other things, world-class IT organizations deliver services at 22% lower IT costs with greater effectiveness and require 9% fewer full-time-equivalents (FTEs) per employee. In fact, the typical large company can save up to $36 million by closing the gap to world-class IT performance – freeing resources to focus on higher-value activity and innovation.
Unrivaled insights that drive process improvement and IT transformation
Our IT benchmarking services provide access to the unparalleled information and resources that are part of The Hackett Group’s proprietary Best Practice Intelligence Center™ – a repository of critical processes, benchmark data and business best practices developed from more than 25,000 business benchmarking projects conducted at the world’s leading companies. Our unrivaled benchmark data gives insight into the performance and business best practices of peers and world-class IT organizations. Our IT benchmark studies provide a fast and objective way for executives to:
- Understand current capabilities
- Assess performance relative to business value and strategy
- Identify and prioritize improvement opportunities that offer the greatest potential return
- Highlight and address areas of risk
- Plan, manage and accelerate your journey to world-class performance
What makes the difference?
Two characteristics distinguish The Hackett Group’s IT benchmark studies: The world’s largest repository of empirically proven best practices and our proven approach for assessing performance and value. Our business benchmarking services focus on three drivers of world-class IT performance:
- Factors that drive demand for IT function services, such as complexity (geographies, legal entities, regulatory environment) and volatility (rate of change, M&A activity)
- Structural factors such as business practices, strategies, service delivery model, staffing levels, skill sets and technologies used
- Execution/realization of value, including performance as measured by costs, productivity, resource allocation and value
Then, we use proprietary business benchmarking methodology to quantify your gap to world class – comparing your IT function’s ability to execute efficiently (cost and productivity) and effectively (quality and value). We examine comparable organizations so you can see how the best do it and define continuous process improvement steps relevant to your own IT function.
Our analysts use IT metrics such as these to calculate world-class performance
- Functional and process costs and staffing levels
- Staff time allocation by process
- Labor costs
- Hardware platform complexity
- Total cost per end user
- Number of applications
- Percent of business on the primary ERP application
- Percent of projects delivered to requirements
- IT impact on the business strategy
- Self-service enablement
- SLA performance
- Project return on investment (ROI)
- Planning and staffing staff allocation
Impact beyond HR function borders
Business processes and systems inextricably link your IT function with other enterprise functions. Process improvements in one area may have a ripple effect on others; for example, improved IT controls may result in more reliable data for decision-making in other business areas.
Our business benchmarking approach examines efficiency and effectiveness not just within the IT function, but also with a view toward the impact across your enterprise.
Quantum Leap®, our digital benchmarking and continuous process improvement platform, helps ensure your organization captures quantifiable benefits from benchmarking. Quantum Leap streamlines the benchmarking process, enabling you to cut your efforts by half while extending the power of benchmarking into a continuous improvement capability. Its ability to simplify data collection, intelligently assess performance gaps, and generate world-class solutions can enable and accelerate your improvement.