Company Profile
$6B US based financial services company and is a leading provider of title insurance and settlement services to the real estate and mortgage industries with core business lines including title insurance and closing/settlement services; title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services.
Background
Upon review of the 2016 IT budget, the IT organization was asked to trim their planned expenditures by several million dollars.
Our Solution
With direction to focus on the IT infrastructure, we conducted a thorough benchmark against industry peers to determine where the greatest area of expenditures would be achieved. We looked the computing environment, servers, storage, network hardware, personal computing devices, and personal computing software. Additionally, we examined how the IT organization can drive direct revenue to offset the cost of IT.
Benefits
Upon thorough review we demonstrated that the IT organization was operating very efficiently. Additional savings opportunities were identified totaling over $20 million.