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The EY Value Cost Risk (VCR)
Framework
ITFMA – Atlanta
July 16, 2015
Pete Hidalgo
Page 2
Agenda
► Approach
► VCR definition
► Process
► Value, Cost, and Risk criteria
► Scoring
► VCR model
► Sample outputs
Page 3
Project Evaluation Approach
Definition
 The Technology Business Case model, also referred
to as the Value, Cost and Risk model (VCR) is used
to evaluate technology investments. The model
reflects the strategic and key business objectives as
articulated by company leadership and is used to
evaluate and prioritize technology projects.
 This VCR evaluation process is only one way that
Senior Management will evaluate projects
 The evaluation factors within the model are
presented as a set of value, cost and risk questions
that must be answered for each project. Based on
responses to these questions, scores are calculated
for value and risk.
 Therefore, changes to these questions can
significantly affect the outcome of the business case
evaluations.
 To ensure that all projects are equitably evaluated,
changes to the business case model must be
reviewed and approved by Senior Management
Your Role
 Each year the company's’ executive leadership will
update the company’s key objectives and business
strategy.
 The Senior Management / Technology Council (TC)
will then update the business case model as required.
 This new business case model will then be presented
to the TC for review and approval.
Process
 Together with the support of the divisions, the TC will
determine a value, cost and risk score for each project
based on the project information and evaluation criteria
 Projects will be scored, ranked, and compared during
the budget cycle
 Projects that provide the highest value and largest risk
mitigation at the lowest cost are highly desirable in
most cases
 The TC will then evaluate projects with lower value or
risk mitigation or projects with higher costs to select
and execute
 Recommended projects will then be presented to the
board for final approval
Page 4
The Value Cost Risk Model addresses the three key levers that are
to be considered for all investment projects
► The Value Cost and Risk model is designed to
compare projects using a standardized
quantitative approach
► Project requests are provided by the business
through business relationship managers and
evaluated using VCR
► Projects are assigned a score for value, cost,
and risk mitigation based on a client customized
model
Value Cost Risk Mitigation
► Corporate executives will provide
the company’s key values which
drive the development of the value
criteria and weighting
► The value scores can range from 1
- XX
► The cost criteria are driven by the
Operational Expenditures (OPEX)
and Capital Expenditures (CAPEX)
► Simplified ROI can also be used to
determine the overall return, and
calculate payback time
► The risk mitigation criteria are
based on standard risk categories
(Financial, Operational, etc)
► Customized risk criteria are
developed based on feedback
from corporate executives and the
corporations’ risk posture
Department
Heads
Operating
Area
Technology OperationsApproved Project Portfolio
Feedback
Approach
Steering
Committee/
VCR
Page 5
The first step in developing the enterprise technology
portfolio is to identify & define the unique projects…
TO:
Common project themes,
common technologies across
all locations
FROM:
Individual line item CAPEX
requests by department
The steering committee
works to bundle the
investments into common
projects that can be
evaluated and scored as a
whole using the VCR model
Guiding principles for bundling:
1. Create logical activity groupings
2. Develop independent projects and group accordingly
3. Alignment of the plan to business strategy to present to the board
Defining the “projects” for evaluation
Page 6
Value Criteria
Should be tailored to your business
Value
Strategic Objectives
1. Increase revenue, market share or reach (if unknown, then "no")?
2. Reduce cost and/or improve efficiency (cost avoidance)?
3. Increase the operating synergies between divisions and the enterprise level?
4. Monetize & protect intellectual property?
5. Enhance relationships with partners ?
Other
6. Enhance knowledge sharing of information, user functionality, and management of key learnings from technology
initiatives?
7. Enables quick response to changing business needs; Provide a flexible environment that allows growth to support the
business?
8. Enhance the value and availability of high quality entertainment services and products that meet customer
expectations?
9. Protect and preserve the confidentiality, integrity, and availability of Client A information (intellectual property)?
10.Create or adapt products or services to enhance the mobile platform?
11.Use new technology in an inventive way to:
- foster creative processes?
- accelerate growth initiative?
- implement continuous process improvements?
- establish and maintain strategic advantage?
12.Analyze data to produce useful information and to obtain trends to enable and support business decision making?
13.Contribute to a culture that embraces transparency between client A operating areas and Technology in support of
cultural and technological change?
Page 7
Cost Criteria
Should be tailored to your business
Cost
All cost/benefit numbers are to be estimated in Gross amounts for the total three year period starting from
January xxxx to December xxxx
CAPEX:
• External Consulting Fees
• Technology Expenses: Software Expenses
• Technology Expenses: Hardware Expenses
OPEX:
• Client A FTEs (additional headcount)
• External Consultant Fees
• Technology Expenses: Software Expenses, Hardware Expenses, Maintenance
• Training
• Facility
BENEFITS:
• Estimated increase in revenue during 20xx
• Estimated increase in efficiency (time, people, etc.) during 20xx
• Cost avoidance/reduction during 20xx
• Payback period
• ROI
Page 8
Risk Criteria
Should be tailored to your business
Risk Mitigation
Strategic Risks
1. Mitigate risk of damaging the client's brand, image and reputation?
2. Mitigate risk of violating partnership agreements?
3. Mitigate risk of not complying with enterprise or divisional business strategy?
4. Mitigate inability to maintain consumer & affiliate satisfaction?
Operational Risks
5. Mitigate risk of failing to deliver the signal across one or more available platforms?
6. Mitigate risk of data corruption or loss?
Finance Risks
7. Mitigate risk of failure to adequately manage project budgets?
8. Mitigate risk of violating financial standards & policies?
Compliance Risks
9. Mitigate risk of distributing unauthorized and/or non-compliant content?
10.Mitigate risk of failure to manage and maintain a strong control environment (e.g. preventative and detective
controls)?
11.Mitigate risk of failure to adequately provide information and data security and IP protection?
12.Mitigate risk of failure to adequately comply with Client A’s business policies and procedures?
13.Mitigate risk of breaching external legal or regulatory requirements?
Project Risks
14.Mitigate risk of inadequate project planning and execution (e.g. time allocation, resource management, budgeting,
etc.)?
Page 9
Based on the responses to the questions a final Value
and Risk score is derived…then projects can be ranked
Calculation process based on weighted value and risk questions
Value Questions
Risk Questions
1. If “Yes,” then award 3 points
2. If “Yes,” then award 3 points
3. If “Yes,” then award 2 points
4. If “Yes,” then award 2 points
5. If “Yes,” then award 2 points
6. If “Yes,” then award 2 points
7. If “Yes,” then award 2 points
8. If “Yes,” then award 2 points
9. If “Yes,” then award 2 points
10. If “Yes,” then award 1 point
11. If “Yes,” then award 1 point
12. If “Yes,” then award 1 point
13. If “Yes,” then award 1 point
1. If “Yes,” then award 3 points
2. If “Yes,” then award 3 points
3. If “Yes,” then award 3 points
4. If “Yes,” then award 3 points
5. If “Yes,” then award 3 points
6. If “Yes,” then award 1 point
7. If “Yes,” then award 2 points
8. If “Yes,” then award 2 points
9. If “Yes,” then award 3 points
10. If “Yes,” then award 2 points
11. If “Yes,” then award 2 points
12. If “Yes,” then award 1 point
13. If “Yes,” then award 3 points
14. If “Yes,” then award 2 points
Sum of Value
Sum of Risk
SUM = X
SUM = Y
% of Total
% of Total
X/24
Y/33
=
=
X%
Y%
Value Score
Risk Mitigation
Score
TOTAL POSSIBLE = 24
TOTAL POSSIBLE = 33
For example: if value
questions 1 and 2 were both
answered “yes,” and the
rest “no,” then the sum = 6
We then take 6 and
divide by the total
possible (24)
The final value score
then equals 25%
For example: if risk
questions 1, 2 and 3 were all
answered “yes,” and the
rest “no” then the sum = 9
We then take 9 and
divide by the total
possible (33)
The final risk
mitigation score then
equals 27%
Page 10
VCR Model - Excel
Used to score projects and provides data for analysis
1 - Value 1 - Risk
Line # Division Category Project Title Project Description
20xx TOTAL
COST (000's)
Timeframe
(Q1, Q2, Q3,
Q4)
Location /
Market Requestor
Increase
revenue,
market share
or reach (if
unknown,
then "no") Score Reasoning
Mitigates risk
of damaging
Univision's
brand, image
and
reputation Score Reasoning
Value
Score
VALUE
SCORE
%
Risk
Score
RISK
SCORE
%
#0001 no 0 yes 3 Newer
transmitter
with
redundant
power
reduces risk
that
transmitter
will fail.
5 0.208 9 0.273
#0002 no 0 yes 3 Newer
transmitter
with
redundant
power
reduces risk
that
transmitter
will fail.
5 0.208 9 0.273
#0003 no 0 no 0 9 0.375 3 0.091
Page 11
Sample Outputs
Summary of project costs from the model
Project
Categories Div A Div B Div C Div D Div E Div F Div G TOTAL
Technology $24.4m $2.3m $5.0m $4.5m $2.3m $16.9m $15.1m $70.5m
Facilities $9.3m $0.4m $0.6m $0.4m $0.7m $1.1m $0.2m $12.7m
Transmission $2.6m $1.7m $0.0m $0.0m $3.8m $7.5m $0.0m $15.6m
Misc. $0.4m $0.3m $0.2m $0.0m $0.2m $1.7m $0.0m $2.8m
Vehicles $0.8m $0.0m $0.0m $0.0m $0.6m $0.5m $0.0m $1.9m
TOTAL $37.5m $4.7m $5.8m $4.9m $7.6m $27.7m $15.3m $103.5m
Page 12
Sample Outputs
Project plotting by Risk and Value scores
Page 13
Summary
1) The VCR framework is a standardized, quantitative
method to evaluate projects
2) A committee should be formed of key leaders from each
division to manage the process
3) Criteria need to be customized for each particular
company
4) Scores are used to help prioritize and approve projects
5) The VCR model provides the data to be used for
analyzing the project portfolio
Page 14
Peter Hidalgo, Jr
Senior Manager
IT Transformation
Advisory Services
Ernst & Young LLP
5 Times Square
New York, NY 10036-6530,
United States of America
Pete.Hidalgo@ey.com
Mobile: 973-223-5616
Education
West Point - USMA
BS – Engineering
Columbia University
MBA
Certification(s)
PMP
ITIL Financial Management
► Senior Manager with over 20 years of experience in I.T. Financial Management, Telecom and I.T. infrastructure,
Cost Optimization, Program Management, and I.T. Shared Services Transformation.
► Deep industry experience in managing and optimizing I.T. costs. Previous responsibilities included serving as the
Global I.T. Financial Manager for a Fortune 100 company, where he managed an annual operating budget of over
$100 million. In that role he also developed and implemented an ITIL based service costing and chargeback
process, resulting in improved client satisfaction and major, recurring cost savings.
► Currently serves as the I.T. Financial Management Service Leader within Ernst & Young’s IT Advisory practice
Relevant experience
► Assisted a Fortune 50 global manufacturing client with redesigning their current IT allocation model and
processes for over $1 billion in annual spend
► Advised a Fortune 50 pharmaceutical client with improving their IT financial management processes, cost
transparency, data management, chargeback model redesign, service owner framework, and automation
► Advised and assisted a leading media and entertainment company to transform their IT operations into a shared
services model encompassing 11 major service domains. Also assisted in the development of a data center
strategy, a WAN architecture review, and a detailed IT service cost analysis, to include the development of a
service catalog, and a chargeback model.
► Assisted in an IT infrastructure (voice, data, and data center) strategic assessment and financial analysis for a
Fortune 500 corporation, which resulted in identifying the strategies to improve network and data center
performance and availability, in addition to saving $32M - $53M over three years in IT operating expenses.
► Supported an IT Cost Optimization study for the premium spirits and wine supplier in the U.S., which addressed
their telecom and infrastructure spend. Identified annual savings of 10% to 19%.
► Advised in the strategic assessment of the voice and data networks for a Fortune 500 high tech manufacturing
firm, which resulted in a new technology direction (VOIP) and Identified over $9M in annual savings.
► Assisted in performing an IT Operations strategic assessment for a Fortune 100 manufacturing corporation,
focusing on data center consolidation. Developed data center consolidation and disaster recovery strategies, in
addition to Identifying over $5M in annual savings.
► Advised a leading medical device manufacturing company in the evaluation of their outsourced infrastructure
service contracts, resulting in overall savings of $5M - $6M, or 35% - 45%.
► Assisted a Fortune 100 consumer staples company with the assessment of their wireless telecom services
contracts, resulting in overall savings of $6M - $9M, or 45% - 55%.
EY | Assurance | Tax | Transactions | Advisory
About EY
EY is a global leader in assurance, tax, transaction and
advisory services. The insights and quality services we
deliver help build trust and confidence in the capital
markets and in economies the world over. We develop
outstanding leaders who team to deliver on our
promises to all of our stakeholders. In so doing, we play
a critical role in building a better working world for our
people, for our clients and for our communities.
EY refers to the global organization, and may refer to
one or more, of the member firms of Ernst & Young
Global Limited, each of which is a separate legal entity.
Ernst & Young Global Limited, a UK company limited by
guarantee, does not provide services to clients. For more
information about our organization, please visit ey.com.
Ernst & Young LLP is a client-serving member firm of
Ernst & Young Global Limited operating in the US.
© 2014 Ernst & Young LLP.
All Rights Reserved.
1406-1272833
ED None
This material has been prepared for general informational purposes
only and is not intended to be relied upon as accounting, tax, or other
professional advice. Please refer to your advisors for specific advice.
ey.com

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How to assess projects using the VCR framework

  • 1. The EY Value Cost Risk (VCR) Framework ITFMA – Atlanta July 16, 2015 Pete Hidalgo
  • 2. Page 2 Agenda ► Approach ► VCR definition ► Process ► Value, Cost, and Risk criteria ► Scoring ► VCR model ► Sample outputs
  • 3. Page 3 Project Evaluation Approach Definition  The Technology Business Case model, also referred to as the Value, Cost and Risk model (VCR) is used to evaluate technology investments. The model reflects the strategic and key business objectives as articulated by company leadership and is used to evaluate and prioritize technology projects.  This VCR evaluation process is only one way that Senior Management will evaluate projects  The evaluation factors within the model are presented as a set of value, cost and risk questions that must be answered for each project. Based on responses to these questions, scores are calculated for value and risk.  Therefore, changes to these questions can significantly affect the outcome of the business case evaluations.  To ensure that all projects are equitably evaluated, changes to the business case model must be reviewed and approved by Senior Management Your Role  Each year the company's’ executive leadership will update the company’s key objectives and business strategy.  The Senior Management / Technology Council (TC) will then update the business case model as required.  This new business case model will then be presented to the TC for review and approval. Process  Together with the support of the divisions, the TC will determine a value, cost and risk score for each project based on the project information and evaluation criteria  Projects will be scored, ranked, and compared during the budget cycle  Projects that provide the highest value and largest risk mitigation at the lowest cost are highly desirable in most cases  The TC will then evaluate projects with lower value or risk mitigation or projects with higher costs to select and execute  Recommended projects will then be presented to the board for final approval
  • 4. Page 4 The Value Cost Risk Model addresses the three key levers that are to be considered for all investment projects ► The Value Cost and Risk model is designed to compare projects using a standardized quantitative approach ► Project requests are provided by the business through business relationship managers and evaluated using VCR ► Projects are assigned a score for value, cost, and risk mitigation based on a client customized model Value Cost Risk Mitigation ► Corporate executives will provide the company’s key values which drive the development of the value criteria and weighting ► The value scores can range from 1 - XX ► The cost criteria are driven by the Operational Expenditures (OPEX) and Capital Expenditures (CAPEX) ► Simplified ROI can also be used to determine the overall return, and calculate payback time ► The risk mitigation criteria are based on standard risk categories (Financial, Operational, etc) ► Customized risk criteria are developed based on feedback from corporate executives and the corporations’ risk posture Department Heads Operating Area Technology OperationsApproved Project Portfolio Feedback Approach Steering Committee/ VCR
  • 5. Page 5 The first step in developing the enterprise technology portfolio is to identify & define the unique projects… TO: Common project themes, common technologies across all locations FROM: Individual line item CAPEX requests by department The steering committee works to bundle the investments into common projects that can be evaluated and scored as a whole using the VCR model Guiding principles for bundling: 1. Create logical activity groupings 2. Develop independent projects and group accordingly 3. Alignment of the plan to business strategy to present to the board Defining the “projects” for evaluation
  • 6. Page 6 Value Criteria Should be tailored to your business Value Strategic Objectives 1. Increase revenue, market share or reach (if unknown, then "no")? 2. Reduce cost and/or improve efficiency (cost avoidance)? 3. Increase the operating synergies between divisions and the enterprise level? 4. Monetize & protect intellectual property? 5. Enhance relationships with partners ? Other 6. Enhance knowledge sharing of information, user functionality, and management of key learnings from technology initiatives? 7. Enables quick response to changing business needs; Provide a flexible environment that allows growth to support the business? 8. Enhance the value and availability of high quality entertainment services and products that meet customer expectations? 9. Protect and preserve the confidentiality, integrity, and availability of Client A information (intellectual property)? 10.Create or adapt products or services to enhance the mobile platform? 11.Use new technology in an inventive way to: - foster creative processes? - accelerate growth initiative? - implement continuous process improvements? - establish and maintain strategic advantage? 12.Analyze data to produce useful information and to obtain trends to enable and support business decision making? 13.Contribute to a culture that embraces transparency between client A operating areas and Technology in support of cultural and technological change?
  • 7. Page 7 Cost Criteria Should be tailored to your business Cost All cost/benefit numbers are to be estimated in Gross amounts for the total three year period starting from January xxxx to December xxxx CAPEX: • External Consulting Fees • Technology Expenses: Software Expenses • Technology Expenses: Hardware Expenses OPEX: • Client A FTEs (additional headcount) • External Consultant Fees • Technology Expenses: Software Expenses, Hardware Expenses, Maintenance • Training • Facility BENEFITS: • Estimated increase in revenue during 20xx • Estimated increase in efficiency (time, people, etc.) during 20xx • Cost avoidance/reduction during 20xx • Payback period • ROI
  • 8. Page 8 Risk Criteria Should be tailored to your business Risk Mitigation Strategic Risks 1. Mitigate risk of damaging the client's brand, image and reputation? 2. Mitigate risk of violating partnership agreements? 3. Mitigate risk of not complying with enterprise or divisional business strategy? 4. Mitigate inability to maintain consumer & affiliate satisfaction? Operational Risks 5. Mitigate risk of failing to deliver the signal across one or more available platforms? 6. Mitigate risk of data corruption or loss? Finance Risks 7. Mitigate risk of failure to adequately manage project budgets? 8. Mitigate risk of violating financial standards & policies? Compliance Risks 9. Mitigate risk of distributing unauthorized and/or non-compliant content? 10.Mitigate risk of failure to manage and maintain a strong control environment (e.g. preventative and detective controls)? 11.Mitigate risk of failure to adequately provide information and data security and IP protection? 12.Mitigate risk of failure to adequately comply with Client A’s business policies and procedures? 13.Mitigate risk of breaching external legal or regulatory requirements? Project Risks 14.Mitigate risk of inadequate project planning and execution (e.g. time allocation, resource management, budgeting, etc.)?
  • 9. Page 9 Based on the responses to the questions a final Value and Risk score is derived…then projects can be ranked Calculation process based on weighted value and risk questions Value Questions Risk Questions 1. If “Yes,” then award 3 points 2. If “Yes,” then award 3 points 3. If “Yes,” then award 2 points 4. If “Yes,” then award 2 points 5. If “Yes,” then award 2 points 6. If “Yes,” then award 2 points 7. If “Yes,” then award 2 points 8. If “Yes,” then award 2 points 9. If “Yes,” then award 2 points 10. If “Yes,” then award 1 point 11. If “Yes,” then award 1 point 12. If “Yes,” then award 1 point 13. If “Yes,” then award 1 point 1. If “Yes,” then award 3 points 2. If “Yes,” then award 3 points 3. If “Yes,” then award 3 points 4. If “Yes,” then award 3 points 5. If “Yes,” then award 3 points 6. If “Yes,” then award 1 point 7. If “Yes,” then award 2 points 8. If “Yes,” then award 2 points 9. If “Yes,” then award 3 points 10. If “Yes,” then award 2 points 11. If “Yes,” then award 2 points 12. If “Yes,” then award 1 point 13. If “Yes,” then award 3 points 14. If “Yes,” then award 2 points Sum of Value Sum of Risk SUM = X SUM = Y % of Total % of Total X/24 Y/33 = = X% Y% Value Score Risk Mitigation Score TOTAL POSSIBLE = 24 TOTAL POSSIBLE = 33 For example: if value questions 1 and 2 were both answered “yes,” and the rest “no,” then the sum = 6 We then take 6 and divide by the total possible (24) The final value score then equals 25% For example: if risk questions 1, 2 and 3 were all answered “yes,” and the rest “no” then the sum = 9 We then take 9 and divide by the total possible (33) The final risk mitigation score then equals 27%
  • 10. Page 10 VCR Model - Excel Used to score projects and provides data for analysis 1 - Value 1 - Risk Line # Division Category Project Title Project Description 20xx TOTAL COST (000's) Timeframe (Q1, Q2, Q3, Q4) Location / Market Requestor Increase revenue, market share or reach (if unknown, then "no") Score Reasoning Mitigates risk of damaging Univision's brand, image and reputation Score Reasoning Value Score VALUE SCORE % Risk Score RISK SCORE % #0001 no 0 yes 3 Newer transmitter with redundant power reduces risk that transmitter will fail. 5 0.208 9 0.273 #0002 no 0 yes 3 Newer transmitter with redundant power reduces risk that transmitter will fail. 5 0.208 9 0.273 #0003 no 0 no 0 9 0.375 3 0.091
  • 11. Page 11 Sample Outputs Summary of project costs from the model Project Categories Div A Div B Div C Div D Div E Div F Div G TOTAL Technology $24.4m $2.3m $5.0m $4.5m $2.3m $16.9m $15.1m $70.5m Facilities $9.3m $0.4m $0.6m $0.4m $0.7m $1.1m $0.2m $12.7m Transmission $2.6m $1.7m $0.0m $0.0m $3.8m $7.5m $0.0m $15.6m Misc. $0.4m $0.3m $0.2m $0.0m $0.2m $1.7m $0.0m $2.8m Vehicles $0.8m $0.0m $0.0m $0.0m $0.6m $0.5m $0.0m $1.9m TOTAL $37.5m $4.7m $5.8m $4.9m $7.6m $27.7m $15.3m $103.5m
  • 12. Page 12 Sample Outputs Project plotting by Risk and Value scores
  • 13. Page 13 Summary 1) The VCR framework is a standardized, quantitative method to evaluate projects 2) A committee should be formed of key leaders from each division to manage the process 3) Criteria need to be customized for each particular company 4) Scores are used to help prioritize and approve projects 5) The VCR model provides the data to be used for analyzing the project portfolio
  • 14. Page 14 Peter Hidalgo, Jr Senior Manager IT Transformation Advisory Services Ernst & Young LLP 5 Times Square New York, NY 10036-6530, United States of America Pete.Hidalgo@ey.com Mobile: 973-223-5616 Education West Point - USMA BS – Engineering Columbia University MBA Certification(s) PMP ITIL Financial Management ► Senior Manager with over 20 years of experience in I.T. Financial Management, Telecom and I.T. infrastructure, Cost Optimization, Program Management, and I.T. Shared Services Transformation. ► Deep industry experience in managing and optimizing I.T. costs. Previous responsibilities included serving as the Global I.T. Financial Manager for a Fortune 100 company, where he managed an annual operating budget of over $100 million. In that role he also developed and implemented an ITIL based service costing and chargeback process, resulting in improved client satisfaction and major, recurring cost savings. ► Currently serves as the I.T. Financial Management Service Leader within Ernst & Young’s IT Advisory practice Relevant experience ► Assisted a Fortune 50 global manufacturing client with redesigning their current IT allocation model and processes for over $1 billion in annual spend ► Advised a Fortune 50 pharmaceutical client with improving their IT financial management processes, cost transparency, data management, chargeback model redesign, service owner framework, and automation ► Advised and assisted a leading media and entertainment company to transform their IT operations into a shared services model encompassing 11 major service domains. Also assisted in the development of a data center strategy, a WAN architecture review, and a detailed IT service cost analysis, to include the development of a service catalog, and a chargeback model. ► Assisted in an IT infrastructure (voice, data, and data center) strategic assessment and financial analysis for a Fortune 500 corporation, which resulted in identifying the strategies to improve network and data center performance and availability, in addition to saving $32M - $53M over three years in IT operating expenses. ► Supported an IT Cost Optimization study for the premium spirits and wine supplier in the U.S., which addressed their telecom and infrastructure spend. Identified annual savings of 10% to 19%. ► Advised in the strategic assessment of the voice and data networks for a Fortune 500 high tech manufacturing firm, which resulted in a new technology direction (VOIP) and Identified over $9M in annual savings. ► Assisted in performing an IT Operations strategic assessment for a Fortune 100 manufacturing corporation, focusing on data center consolidation. Developed data center consolidation and disaster recovery strategies, in addition to Identifying over $5M in annual savings. ► Advised a leading medical device manufacturing company in the evaluation of their outsourced infrastructure service contracts, resulting in overall savings of $5M - $6M, or 35% - 45%. ► Assisted a Fortune 100 consumer staples company with the assessment of their wireless telecom services contracts, resulting in overall savings of $6M - $9M, or 45% - 55%.
  • 15. EY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. © 2014 Ernst & Young LLP. All Rights Reserved. 1406-1272833 ED None This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice. ey.com
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