IT Organizations Finding More Green in Their Wallets: IDC Benchmarks the Value of Green Metrics in IT Procurement and Lifecycle Management
FRAMINGHAM, Mass. – December 2, 2009 – New research from IDC finds that IT organizations are recognizing increased benefits – more than originally thought – from implementing green initiatives and buying intelligently. Applying metrics to how the environment is reshaping the IT lifecycle, including asset disposal and recovery and recycling, IT organizations are generating substantial return on investment (ROI), in addition to lowered risk and liability, increased data security, and environmental stewardship, from "green" activities.
IDC's recent U.S. Green IT survey found the cost of energy to be the overwhelming reason impacting a company's adoption of Green IT. "This gives IT departments a great opportunity to contribute to corporate and national energy reduction goals through Green initiatives like product selection, product design, and product lifecycle management – particularly with regard to end-of-life," noted David Daoud, research manager for Green IT at IDC.
Beyond energy savings, IDC's IT Advisory Tools team was able to validate the benefits associated with the adoption of a Green IT strategy. The team found that distinct IT lifecycle elements, when made greener, become much less costly and more efficient for the organization, thus improving an organization's ability to sustain long-term pricing and value on their deals.
"IT organizations should revisit the corporate structure linked to hardware lifecycle management. The goal is to move closer to a closed-loop process: this means procurement, IT, facilities, finance, legal, environmental, etc. must all be strategically aligned on the same goals," said Daoud. "IT organizations shouldn't do it alone. When focusing on end-of-life, ultimately there will be a need to use experts in various areas, from lifecycle management to finance and remarketing."
IDC's Green IT and IT Advisory Tools team will host a Webcast – Incorporating Green Metrics in IT Procurement and Lifecycle Management: Sustainability For Greater ROI – to be held December 8, 2009 at 1 pm U.S. Eastern Time. The Webcast will provide deeper insight into this research, including how organizations are achieving improved ROI in the organization, lowering their risk and liability, and attaining "sustainable procurement." To register for this event, please go here.
About IDC's IT Advisory Tools
IDC's IT Advisory Tools are designed to optimize your technology sourcing and lifecycle decisions by providing actionable data and market intelligence that can save your organization thousands of dollars. IDC has pioneered IT price indexing for large organizations and is the undisputed leader in the industry for its rigorous, fact-based approach to benchmarking and advising global sourcing and asset management professionals. IDC's "SmartTools" lay the foundation for your vendor management process by helping you benchmark and assure best pricing for your long-term IT contracts.
For more information on the IDC IT Advisory Tools, contact Michelle Blondin at IDC: firstname.lastname@example.org, 508-988-7579.
IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps business executives, IT professionals, and the investment community make fact-based decisions on business strategy and technology purchases. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 45 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com[http://www.idc.com].