About
In one year alone, software project overruns and failures cost US businesses an estimated $55 billion. The Gartner Group believes that 20% of a company’s IT budget fails to serve a business need. Globally, Gartner estimates that $500 billion is wasted in IT budgets. When you add in the fact that application experts believe only 20% of features in enterprise software are used on a frequent basis, 45% are never used, and 19% are rarely used, you have a staggering amount of misplaced IT capital.
The RedElephant suite of offerings is designed to reduce IT cost through an approach that closely aligns technical efforts with business needs. The RedElephant approach minimizes the risks inherent in technical efforts and accommodates the demands of change.
The suite of offerings is based on the premise that the technical community must enter deeper into the business community's challenges, at an earlier stage, with the willingness to use the language of the business community. RedElephant listens with a human ear, while thinking with a technical mind.
The RedElephant approach uses tools that are part of the technical community’s processes to strategically facilitate a comprehensive understanding of the business community's challenges. This approach has the double benefit of providing business leaders a tangible, comprehensible, means to remain intimately involved in determining the direction of an effort.
The RedElephant approach is iterative. We look for the low hanging fruit that delivers the most “bang for the buck.” We focus on getting functional products into business processes early and often. Potential risks are addressed early and acutely.
The name RedElephant comes from the metaphors about problems that an elephant is often used to describe: “How do you eat an elephant,” “The elephant in the room,” and the blind men who each perceive an elephant to be something it is not, because they did not understand the elephant from a holistic perspective.
These metaphors describe the type and scope of business challenges that RedElephant is positioning itself to address.
The elephant is also a metaphor for how these "elephant size" problems can be tackled. The elephant is both fierce and calm. These types of challenges require a consistent level of focused determination. The red in RedElephant, speaks to the passion and determination that is required to take on these challenges.
RedElephant would look forward to discussing ways we might help your company reduce IT cost, minimize risk, and unleash the dormant potential within your IT assets and business processes.
