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So how can Tideway help me and
my organisation through critical IT
initiatives?
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Tideway provides solutions for critical IT initiatives
that are currently front of mind for today's CIO, including:
Tideway solutions include professional services and training to
ensure fast and effective implementation. Tideway partners with
other leading technology companies to ensure fit with any enterprise
management environment.
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Achieving and maintaining compliance
Meeting regulatory deadlines is a major
headache for global organisations - especially with the range of
local and international requirements they are now required to comply
with - such as Sarbanes Oxley, FSA (in the UK), SEC (in the US)
and Basel II. Failure to comply can result in financial penalties,
business model restrictions (such as increased capital adequacy
requirements) and even legal action.
Foundation can give peace of mind to senior management by providing
daily compliance reports. It automates the technology audit process,
and provides tools to map the applications used by critical business
processes. For those business applications and supporting infrastructure,
Foundation can show clear business and IT ownership, existence and
currency of business continuity plans, a record of day-to-day changes
and an understanding of risks. This demonstrates existence and enforcement
of IT controls, and tracks progress towards regulatory goals. Foundation's
ability to automate these tasks helps simplify the compliance process
and reduces the associated costs.
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Consolidating and optimising infrastructure
Planning and executing major IT infrastructure projects
in a large enterprise is a significant undertaking, which is typically
hard to baseline, cost and manage. Unforeseen problems occur due
to lack of visibility into the infrastructure, leading to changes
in scope and resultant failure to meet deadlines and budgets.
To address these issues, Foundation helps to
unpick the existing applications fabric in a managed way. Foundation
can provide audit, impact and cost analysis and change tracking
support for most migration, transformation and integration projects,
such as:
- Data centre consolidation
- Operating system migration
- Architectural migration
- Application portfolio rationalisation
- Application outsourcing
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Reducing IT operational risk
As businesses increasingly rely upon their
IT infrastructures to deliver products and services to market, those
infrastructures are becoming ever more virtualised and complex.
Management of IT operational risk has become a revenue-affecting
issue.
Foundation enables the enterprise to understand and manage this
risk. Automated discovery of the IT environment, coupled with data
quality and confidence measures, make it possible to see where gaps
in IT knowledge exist. IT standards and policies can be defined
and enforced through daily reports on exceptions and exposure to
risks. Foundation's understanding of commercial and in-house software
versions allows end-of-life and unpatched software to be weeded
out of the environment. Foundation can also ensure that the environment
has complete and up-to-date documentation for any node.
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Creating cost transparency
In order for IT to build an effective partnership
with the business in an environment of shrinking IT spend, it is
essential to be able to articulate the costs of IT delivery to any
business unit. Only in this way can the business make the appropriate
prioritisation to allow IT to deliver on-time and on-budget.
Foundation can help an IT organisation understand the costs of
IT delivery by modelling the business applications used by each
business unit, and providing reports that cut across IT cost centres.
These show actual assets deployed, the number of changes over time,
and the number of non-standard components in support of the application
- all significant cost elements. This data can be used as a basis
for charge-back to the business, and also to track on-going TCO.
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Reducing business application downtime
Errant manual change accounts for around 40% of application downtime
. This is often a direct result of the inability of the IT organisation
to predict the impact and risk of change in the planning phase.
In addition, when incidents do occur in the environment, simply
tracing the root cause can take 80% of total time to fix (according
to Gartner research), and fixes are often applied in an ad-hoc fashion.
Foundation's dependency mapping capability allows change to be
planned with a precise understanding of the technology and business
impact of any change. As owners of affected applications and infrastructure
elements are also known, the change can be approved by a tightly
defined group, reducing process overhead.
Should an incident occur, the dependency map allows for rapid navigation
to the root cause - this may be either spatially (to another infrastructure
item), or temporally (to change made at a point in time). Fixes
can also be prioritised based upon the criticality of the business
process impacted.
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If you would like to contact a member of our consultancy
team today please either telephone or email;
Tel: +44 (0) 1622 618 752
Email: consult@bii-compliance.com
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