Welcome to the interim web site for:
The Consortium for Technology Portfolio Management
Excellence!
The Consortium is unique in the world by virtue of its composition and its emphasis on supplier-neutral solutions. The Consortium exists to provide the business technology consumer with access to proven cost-effective concepts, processes, and methodologies for reducing the high costs and risks of managing the business technology portfolio. (Our Mission)
What is the Technology Portfolio?
Every one of us in business invests an
enormous amount of revenue on the technologies that we expect to make us more
competitive. In every company -- from the two computer small business
to the multinational conglomerate -- the costs of acquiring and using
technology goods and services are enormous elements of a frequently
cloudy -- and, let's face realities, here: not particularly well controlled -- budget.
The technology portfolio includes every item of
hardware your company owns or uses—from your land-line phones and Internet connectivity; to your
computers and servers; to your PDAs and cell phones; even your printers and
copiers. The portfolio includes all the operating systems,
software, graphics, fonts, audio, video, and (yes), even games that
are present on virtually every computing device in every company.
The technology
portfolio includes the enormous number of licenses, contracts,
support, maintenance, and warranty agreements your company has in
play. It also includes the projects that permit your company to
introduce, implement, and / or effectively utilize new systems, technologies, and business
support mechanisms.
All of these, and more, combine to represent the business technology portfolio that is unique to you and your company.
Real World – Without an effective portfolio management program in place, the average company pays up to 50% more for software than necessary—as much as double for hardware, support, and maintenance. Without controls in place, that same company can easily represent a defenseless target for copyright holder license non compliance (piracy & copyright violation) audits.
Caution: The technology portfolio can represent your most significant budgetary item - frequently up to 65% of capital spending for a majority of companies.
What is Technology Portfolio Management?
Technology Portfolio
Management, on the other hand, is your ability to effectively control
and manage all the assets, goods, services, processes, documentation, and
agreements within your very unique portfolio. Technology portfolio
management is NOT a technical job—instead, this field is composed
of business processes and procedures.
Technology Portfolio Managers?
To be successful, a TPM professional has to be a very special individual—one who possesses the basics of a wide range of talents and abilities. These talents will include, but not be limited to:
- Software Asset Management / Software Life Cycle Management
- Software & Copyright Compliance Assurance
- Systems Asset Management / Systems Life Cycle Management
- Technology Portfolio Management
- Agreement Negotiations
- Human & Organizational Change Management
- License & Agreement Management
- Document Management
- Project Management
- Vendor Management
- Systems Disposal
Real World – Any company that implements and maintains an effective technology portfolio management program can reduce its tech costs by as much as 25%-30%. That same program can also reduce the risks of non compliance (software piracy & other copyright violations) audits by as much as 80%.
The Charter Members of The Consortium include:
-
The Business Technology
Consumer Network (The Network!)
-
The Institute for
Technology Asset Management (The Institute!)
- Kent State University college of Technology (College of Technology)
- The Manufacturing Technologies Small Business Development Center (MTSBDC)
Is your academic, non-profit, or research organization interested in becoming a Knowledge Member of The Consortium? (Request Information)