#436 – Jeremy Boerger – Information Technology Asset Management

The Next 100 Days Podcast

Information Technology Asset Management

Information Technology Asset Management is the practice dedicated to saving money on outdated or duplicate software licenses. You might have a saving of 30% buried in your company. Who can dig out that saving? Our guest Jeremy Boerger.

Summary of the Podcast

Introductions and small talk

• The participants, Jeremy Boerger, Kevin Appleby, and Graham Arrowsmith, engage in some initial small talk about locations, conferences, and sports teams.
• They establish that Jeremy is an expert in IT asset management based in Cincinnati, Ohio.

The value of Information technology asset management

• Jeremy explains that his specialty is hardware and software asset management.
• His aim is to reduce the total cost of operating a company’s IT infrastructure.
• He cites a Gartner study estimating that companies can save 28-32% on their IT budgets by implementing proper asset management practices.

Case study: Saving a hospital $1.5 million

• Jeremy shares a case study of a hospital that was able to reduce its Office 365 software license costs.
• He saved them a staggering $1.5 million over 3 years by closely analysing usage and optimising their license agreements.

The shift to subscription-based software

• The discussion turns to the challenges of managing subscription-based software.
• Companies often continue paying for unused or redundant tools.
• Kevin and Jeremy discuss the tendency for companies to be hesitant to review and optimise their software portfolios.

Applying AI and automation to asset management

• Jeremy suggests that asset management teams should leverage AI.
• He also recommends using data analytics to become a “digital twin” of the computing environment.
• This automatically monitors usage patterns and identifies optimisation opportunities.

Recap and next steps

• The participants wrap up the discussion, with Graham expressing interest in having Jeremy provide consulting services.
• Jeremy provides his contact information.
• He offers to provide free consulting to help companies get started on optimising their software costs.

Clips from the Podcast

Reducing the Cost of Operation

https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-Basics.mp4

2016 Study by Gartner

https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-2016-Gartner-Study.mp4

Hospital Saves a Wing’s Worth

https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boaerger-Saves-a-Hospital.mp4

Testimonial from Jeremy Boerger

https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-ITAM-Testimonial.mp4

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The Next 100 Days Podcast Co-Hosts

Graham Arrowsmith

Graham is “The High Net Worth Data Guy” who founded Finely Fettled to help business owners and marketers market to affluent and high-net-worth customers. Now get all-inclusive affluent direct mail campaigns combining A lister copy, design, print and postage for £599+vat, without the DIY hassle. Find Graham on LinkedIn.

Kevin Appleby

Kevin specialises in finance transformation and implementing business change. He’s the COO of GrowCFO, which provides both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com