Amid the wave of change from digital transformation initiatives, business leaders across industries remain focused on ways to improve their bottom line.
For the majority of organisations, this takes shape in two ways: increasing revenue through new customers, products or services; and decreasing capital and operational expenses.
It doesn’t take an MBA to do the math here: Higher revenue and lower costs equal better margins and greater profits for businesses.
But while the economics are simple, so is the harsh truth: Many businesses don’t have a sufficient grasp on operational costs.
Read the full article titled “Pulling Back the Cost Curtain of Automation” by BitTitan CEO Geeman Yip for his perspective on what mistake businesses are making which prevent them from getting visibility into their margins.
“Empowering Enterprise” is an ongoing Ingram Micro series published in every Wednesday’s edition of The Business Times. It aims to provide news and thought leadership on the latest developments in cloud and security.
The series is produced in partnership with the following vendors: Dropbox, Microsoft, VMware, Cisco, IBM, Progress, Symantec, Barracuda, Dell EMC, FireEye, Hewlett Packard Enterprise, Juniper Networks, Lenovo, Menlo Security, Adobe, BitTitan, DocuSign, NSFOCUS and Veritas.
This post may contain excerpts from an article entitled “Pulling Back the Cost Curtain of Automation” published in The Business Times on 16 May, 2018. The article was originally posted on InfoWorld in January 2018.