Rent or Buy?
Rent or Buy? Thinking Different about the Technology
Lifecycle
Chris Florentino, ADNET TechnologiesRob Brainard, ADNET
Technologies
Courtesy of http://www.centennialbulb.org/
Courtesy of http://www.centennialbulb.org/
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Courtesy of http://www.centennialbulb.org/
Courtesy of http://www.centennialbulb.org/
Age:114 years and 1,000,000 hours (as of June 2015)4
Designed to Fail By DesignPrinters
Software
Cars
Textbooks
Consumer Electronics
Lightbulbs
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What is the IT product lifecycle?
The IT asset lifecycle is the sequence of stages that an
organizations information technology asset goes through during the
time span of its ownership.
Lifecycle of TechnologyCourtesy of en.wikipoedia.org
Courtesy of en.wikipoedia.org7
Courtesy of
https://ohyoungdesigner.wordpress.com/2013/06/06/the-risk-of-complacency/
Courtesy of
https://ohyoungdesigner.wordpress.com/2013/06/06/the-risk-of-complacency/
If an organization is completely comfortable with the technology
it has in place, there is a fair chance that it is missing out on
new more efficient technology.
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What is an IT asset?
An IT asset is any company-owned software or hardware that is
used in the course of businessThe main stages of an IT assets
life-cycle are:
IT asset management must incorporate effective procedures for
each stage to promote the most effective use and maintenance of
assets throughout the lifecycle and ensure their proper upgrading,
replacement and disposal
PlanningUpgradeProcurementDecommissionDeploymentDispositionUsageSalvage
Renting Technology
Benefits from new technologyOutsource IT or Supplemental ITHost
IT off-siteHosted helpdesk
ProsFixed costsLittle to no cost of ownership (dependent upon
network design)Little to no reoccurring replacement costs of
equipment (dependent upon network design.Little to no downtime
(dependent upon SLA)Budgetable fixed monthly costsDisaster Recovery
planNo need for local backups
ConsLoss of controlDependent upon someone elsePotential security
risksPotentially higher monthly costs
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Owning Technology
Not enough time to maintain what you haveAdded time managing
mobile devices and remote usersNo time to work on upgrades and
staying currentNot reaping the benefits of new technology
OWN:
ProsYou own itComplete control over itCan depreciate the asset
over time
ConsCost of ownershipMaintenanceWarrantyPowerClimate controlReal
estateTaxesEquipment obsolescenceIs it profitable to purchase and
maintain?Easier push off and not to upgrade when needed
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Decisions Roadmap
http://www.googol.se/rational-decision-making-in-large-innovation-organizations/
Decisions Roadmap
http://www.googol.se/rational-decision-making-in-large-innovation-organizations/
Decision are Tough, Especially when its Related to IT
Purchases
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Here Come the Trends and DisruptorsThe biggest single factor is
that disruptors fill a void where an incumbent product or service
becomes inefficient and they are bringing new efficiencies, faster
service or better experience to market. Typically to underserved
clients.
Rubix Courtesy of http://blog.directdevelopment.com/Beacon
Courtesy Estimote BeaconsData Head Courtesy
http://erpinnews.com/category/big-dataRecording Vest Courtesy of PR
NewswireWearable Tech Courtesy BusinessInsider.com
Rubix Courtesy of http://blog.directdevelopment.com/Beacon
Courtesy Estimote BeaconsData Head Courtesy
http://erpinnews.com/category/big-dataRecording Vest Courtesy of PR
NewswireWearable Tech Courtesy BusinessInsider.com
Cloud (Private and Public)Mobile devicesRemote workplace24 hour
availability
Social Media and Mobile Apps are here to stay. Our clients are
using them and they arent asking for our approval but they are
asking for our assistance.
Beacons Provide Businesses with Massive untapped collection of
data such as time spent a a location, by day, time and length of
stay. Organizations can enhance or reduce staff based on flow and
movement of clients, much like pattern recognition.
Live Streaming Police, Periscope. Public Privacy is gone it was
traded for security and convenience. As bandwidth and compression
increase so does the spread of live streaming apps.
Big Data - Big datais a broad term fordatasets so large or
complex that traditionaldataprocessing applications are inadequate.
Challenges include analysis, capture,datacuration, search, sharing,
storage, transfer, visualization, and information privacy.
Courtesey of Wikipedia.
Wearable Technology - Manufacturers and product developers need
to work with distributors to ensure demand meets supply. Once the
product has become an internet buzz,13
TrendsBusiness Intelligence
Custom Reporting
Mobile Device Management
Budget Planning
License Management
Managed Anti-Virus
Security Management
BIIn discussions with clients, BI is a want. If we dont have the
discussion now, we may run into the, oh, I didnt know ADNET did
that, issue down the road.Executive level decisions can be made.
Good opportunity to improve higher level relationships
Custom ReportingLOB reporting
MDMHaving more discussions and seemingly getting more
traction14
It is very important to understand that you cant effectively
serve everyone because you will end up not serving anyone
effectively.
-Various
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Legacy Approach to IT
Managing by CrisisIts Not that Old, It still works FineWe will
just Reboot it if CrashesIf something goes wrong we will just have
someone come onsite to fix itYou cant seriously think we are going
to allow x on the NetworkWe will just tell them they cant use that
technologyThey will need to come to us if they want X
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Who does:Strategic Planning?Tactical
Planning?Budgeting?Day-to-Day Infrastructure management?Proactive
maintenance?
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Precisely because strategic choices are such important ones,
loaded with anxiety and uncertainty ... people start to 'follow
their heart,' 'rely on intuition' and 'gut feeling,' overestimate
their chances of success, and let their commitment escalate.
Freek Vermeulen, author and associate professor of Strategy and
Entrepreneurship at the London Business School
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The lines are
blurringhttp://iotworm.com/biggest-challenges-for-the-internet-of-things/
There is one thing all new disruptors have in common,, they are
all connected to the internet of things. The lines between home and
work, am, pm, online and in store are blurring and Content
Aggregation is King.19
2011 This Year in HistoryFukishima DisasterArizona Congresswoman
Gabrielle Giffords was shotAdele enters the SceneGas $3.52 a
GallonOprahs Last ShowMotorola Droid XApple releases the iPhone 4S
on October 14th, only nine days after the death of co-founder Steve
Jobs.Apps not applicationsE-InkCloud Storage on the RiseMobil
Payment and E-Ticketing are in InfancyNetworks are reaching the
capacity to begin streaming, however this cause huge problems for
Mobile Networks
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2006 This Year in HistoryNASA launches the New Horizons space
probe mission to Pluto during January of 2006The US Energy
department has released a report that there are about a trillion
barrels worth of oil in the form of Oil shale reserves in the Green
River basin.Italy wins the 2006 world cup in Germany defeating
FranceMike Wallace's last appearance on 60 MinutesThe one billionth
song is purchased from Apple iTunes.Nintendo releases the Wii in
North America with an MSRP of US$249.99
Internet of Things A Snapshot
Its not science fiction. This next Industrial Revolution is
happening as we speak. IoT
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