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What is it? Technology should be an enabler for creating efficiencies for the business, but, at the same time, technology should serve to differentiate a company and possibly change the dynamics of an industry. There are many examples of game changing technology. The Internet created a new channel for information and commerce in Web 1.0 and in Web 2.0; the Internet now allows users to take control of their experience and interact. IT strategy should address how technology can make the company more efficient but also how technology can create differentiation the company Why do it? Companies waste 30-50% of IT budget on initiatives that don’t align with the business. Over 70% of IT Strategies are not integrated with the business imperatives. 72% of IT initiatives are considered failures. Over 50% of initiatives do not achieve their intended business value impact. When IT is aligned with the business, IT makes up to a 45% impact on operating income; ~68% impact on the economics of the business and for each dollar of IT spend there is a 500% return What are RHT Consulting's offerings? The core IT Strategy offering fuses business strategy with a new IT strategy, roadmap, business case as well as enterprise architectural design. Additional offerings include: Portfolio Management, IT Application Rationalization, the Business Value of Disruptive Technologies, Enterprise Architecture Blueprinting with Standards, Guiding Principles, Patterns and Governance as well as Strategic Sourcing (offshore/onshore, /temp/perm, outsource/insource). Finally, RHT Consulting offers implementation guidance for large and small programs of every kind, from implementations of technologies such as Grid to Large multi-currency, multi-set of books, multi-language ERP/CRM application implementations. RHT Consulting also offers deep dive Internet presence assessments; development of relationship maps, wire diagrams, usability tests; as well as creating the overarching business model, roadmap and business case for Internet programs How is RHT Consulting different? RHT Consulting has a differentiated approach to IT strategy in that we use a “tops down” and “bottoms up” methodology. The “tops down” identifies what IT needs to do support the business strategy. The "tops down" part of the engagement also identifies emerging technology trends that will cause an impact on the broader dynamics of the industry and the way IT can influence the business strategy. The “bottoms up” part of the engagement seeks to optimize the current state of IT. The question we ask and answer is ..”if you were running the business of IT, how would you optimize the technology blueprint, the processes and the organization”. One of the types of analyses performed in the “bottoms up” part of an engagement is a complete technology portfolio analysis. In this analysis, we identify application/information/infrastructure rationalization/enhancement/retirement opportunities. In addition to our approach, RHT Consulting builds an analysis of how IT impacts the P&L |