IBM has a 10-minute pod-cast series, called BizTech Report. This BizTech Reports podcast features a conver-sation between Lane Cooper and Ed Thum, Program Di-rector for Rational Software at IBM, to explore the stra-tegic and operational impli-cations of the current IT cost management environ-ment on IT professionals.
IT budgets are shrinking, costs are scrutinized more closely and all investments
in IT are requiring a better ROI. Additionally IT Manag-ers need to better under-stand business objectives; they no longer can afford to manage only IT. They need to understand the cost im-plications to the business on their IT initiatives. This re-quires an active collabora-tion with the project‘s stake-holders.
Ed also describes how Ra-tional Software‘s toolset enables its clients to keep a closer eye on IT costs. Auto-mating error-prone tasks will help as will tools that bring a faster time to mar-ket.