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Optimal IT Performance: Save Up to 40% in IT Costs with ServiceNow CMDB

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In today’s world, IT is consistently measured by the ROI provided by a performing set of managed services and support. This includes the ability to track and manage assets as well as understand their changing cost to service at any point in time. While facing increasing pressure to reduce costs to serve it’s important that IT leadership teams are taking advantage of features in tools like ServiceNow.

With a CMDB in place, an organization can determine the overall expense of a service by comprehending and analyzing the expense associated with an asset, as well as the upkeep costs for that asset. Additionally, this will also enable monitoring all asset servicing expenses to the extent of the services they provide. In other words, CMDB is the only way to assess the service’s genuine worth by comparing it to the income it generates (or the average value of internally utilized services).

An effective CMDB reduces the risk of costly unplanned outages, which can cost businesses around $5,600 USD per minute on average.

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