Our Focus Paragon focuses on business outcomes (cost, quality, risk, time, satisfaction) across Cloud and on-premises environments, related to asset management driven by new perspectives and proven best practices. The approach leverages the existing AWS Well-Architected framework in regard to the cost optimization pillar. It’s an approach that improves the management of technology assets by reducing contractual risk, improving operational efficiencies, and identifying cost savings opportunities through various sources (AWS Pricing Calculator, AWS Budgets, AWS Cost Explorer, AWS Cost & Usage Reports, as well as, Procurement systems, etc.). We focus on the full lifecycle of an asset with integration into your current procurement, financial and configuration management systems. By balancing your overall service management maturity and focusing on the data associated with assets in relation to 1) contracts 2) purchases and 3) discovery, we go beyond the standard single pronged approach. This approach allows you to determine how and what level of detail should be collected to help manage cost and risk in the lifecycle of your assets.

Our Approach This multi-prong approach focuses on the integration of various data sources to describe and relate assets through adjacent processes e.g. supplier management, contract management, and spend optimization. This approach also develops the associated processes to support the ongoing reconciliation between sources of record. The last thing we want is to do a deep dive and reconcile, only to have the data become stale a moment later when something changes.

What You Can Expect In a matter of just a few weeks we will provide best practice guidance on integrating with your service management disciplines to ensure that your asset management capability is sustainable.

• We will identify data to collect.
• Populate contract templates.
• Provide a gap analysis. By collecting the right data at the right time, gaps are addressed early on in the process.
• Introduce ways to manage full lifecycle of assets
• Create a roadmap for next steps for continuous improvement and greater process maturity
• Develop a plan for a 2-10% reduction overall IT spend