ITS Partners Insights

How to Prepare for a Recession from an ITOM Perspective

Written by James Burson | August 23, 2022

As a leader in your organization, you've experienced anxiety when thinking about the future of how to prepare your business for success through a recession. Hear from ITOM expert James Burson on what you need to have in place.

In a recession, businesses naturally look for ways to optimize their spending and reduce their risk to protect themselves at the moment and ready themselves for new opportunities that will come as the economic environment changes again.

At its core, the ITOM product suite is all about building your Configuration Management Database (CMDB). It is about understanding the status and health of your Services and automating responses to situations to improve your overall Service Delivery and reduce the costs of the Services your business relies on. An accurate & complete CMDB allows companies to make detailed budgetary decisions because they aren't guessing at the current state of their technology.

RELATED: Must Haves: A CMDB

As the economic situation changes, it becomes more important than ever for your business to invest in an effective CMDB. By leveraging the ITOM suite of tools, you can capture the clarity you need to make intelligent decisions that improve your organization's stability and performance to help you and your team weather the storm.

RELATED: All About ITOM

The stronger your implementation of the ITOM products, the better chance you have at increasing the resilience and cost-effectiveness of your IT organization and your business as a whole. That makes it easier to withstand economic changes and set yourself up for success in the future.

We are specialists who have lived in your shoes.  We've done the dirty work before and gained the scars to prove it.  We are experts in helping our clients establish and improve their CMDB via the ITOM modules, and then utilizing the ServiceNow platform to turn their needs into a reality to improve their business outcomes. 

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