Banking and Mergers and IT… Oh My
Watching the chaos going on in the economy, the overnight mergers, the bankruptcies, and other tragedies in the US and in the world makes me shiver thinking about how all these IT systems are going to work together, or work at all. I heard that the value in some of these organizations is their IT infrastructure (we have said for years that banks are big IT companies with money as their product…. this bears it out) This is the time when SEER for Software and SEER for IT can really help save the day with project and operations planning in this consolidation environment.
Understand the costs of data conversion, how many help desk people will be needed to support the newer, bigger organization, how to dispose of unneeded assets. And having open eyes of the cost and schedule risks are essential.
I saw an article today stating that the current economic issues have stalled 2009 IT planning. This is not the time for stalling. This is the time for increased planning and risk management. I realize stalling buys time to see how things shake out. But planning for alternate scenarios can be extremely effective as well.
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