MeasureIT Benchmarking Report IT Budgeting Metrics

Similar documents
Respondent name: Sample Health Care Company name: Info-Tech Respondant Executive Summary

SAMPLE REPORT. Contact Center Benchmark DATA IS NOT ACCURATE! In-house/Insourced Contact Centers

SAMPLE REPORT. Call Center Benchmark. In-house/Insourced Call Centers DATA IS NOT ACCURATE!

CLIENT ALERT. ISS Publishes Evaluating Pay for Performance Alignment White Paper

Opportunities Assessment Report

SAMPLE REPORT. Contact Center Benchmark DATA IS NOT ACCURATE! Outsourced Contact Centers

SAMPLE REPORT. Service Desk Benchmark DATA IS NOT ACCURATE! Outsourced Service Desks

Directors Fees Review

SURVEY OF GOVERNMENT CONTRACTOR SALES EXPECTATIONS

Plan Management Navigator

Q OGP ID: 9999 Current Value Driver Comparison

Callan GlidePath Funds Quarterly Commentary (Share Class R6)

Life Insurance Companies Portfolio Summary Overview

Year-End 2013 OGP ID: 9999 Current Value Driver Comparison

Get the Most from your Membership with Data. Data Team National PACE Association

City Cycle Company Fiscal Year Ending 2013

Analysis of fi360 Fiduciary Score : Red is STOP, Green is GO

Applications of Data Dispersions

Q OGP ID: 9999 Current Value Driver Comparison

Insurance Program Benchmarking Methodology July 2015 Global Headquarters 1430 Broadway, 8th Floor New York, NY

Trend Charts Veterinary Metrics Part 2

REUTERS/Ognen Teofilovski. Thomson Reuters ESG Scores Date of issue: March 2017

STAB22 section 1.3 and Chapter 1 exercises

Benchmarking Guide. Compare, rank and benchmark your companies, clients or franchisees...

Trailing PE -- Forward PE -- Buy 6 Analysts. 1-Year Return: -34.7% 5-Year Return: -71.6%

Q OGP ID: 9999 Current Value Driver Comparison

JOB SITUATION INCOME. 3 rd Quarter 2015 PITTSBURGH

Retail Trade Analysis Report Fiscal Year 2017

Plan Management Navigator

Evaluation of the fi360 Fiduciary Scores

2018 Agency Performance Analysis

Q OGP ID: 9999 Current Value Driver Comparison

Mortgage Metrics Matter

The Select Investment Scorecard. Don t Settle for Average.

Benchmarking School Operations and Maintenance. To dial into the webcast audio from your phone: Wednesday, January 20 th 12PM Eastern

Perspectives On 2004 and Beyond Ron Surz, President, PPCA, Inc.

Describing Data: One Quantitative Variable

In-House Counsel COMPENSATION REPORT COPYRIGHT 2015 GENERAL COUNSEL METRICS. ALL RIGHTS RESERVED

A Primer on Ratio Analysis and the CAH Financial Indicators Report

Driving Performance - Linking Equity Compensation Design with FAS 123(R) Valuation, Jeff Bacher and Terry Adamson, Aon Consulting

The Range, the Inter Quartile Range (or IQR), and the Standard Deviation (which we usually denote by a lower case s).

AIM DIRECTORS REMUNERATION REPORT

Linking Benchmarks, Risk Budgets and Compensation:

Description of Data I

The Tech-Enabled Provider Organization: The 2017 OPEN MINDS Health & Human Services Technology Survey

Sample Report PERFORMANCE REPORT I YOUR FUND

December 31 st, décembre 2015

Value Equity Q Commentary. Market Review: Performance Analysis:

Universities' HR Benchmarking Program Central Queensland University

Some estimates of the height of the podium

Consumer Fund Analytics

Financial and Operational Benchmarking

Radford Review: 2013 Say-on-Pay Results and Trends for the US Technology Sector. One Firm. Complete Solutions.

Performance Metrics and Incentive Compensation

CAP 100 Company Research

Janus Henderson Group 3Q17 results presentation

Team Dynamics within Global Equity

Benchmarking Report for Building Energy Performance. Harlingen ISD. August 19 th, 2009

IMPORTING & MANAGING FINANCIAL DATA IN PYTHON. Summarize your data with descriptive stats

QView Latency Optics News Round Up

Trends in Chamber Operations 2016 ACCE s 13 th Annual Edition. Produced in part through generous support from

Portfolio Peer Review

QQQC Global X NASDAQ China Technology ETF

Prepared By January 29, 2008 John Galt THOMSON FINANCIAL 1455 RESEARCH BLVD ROCKVILLE, MD UNITED STATES

An analysis of fiscal 2013

2016 EXECUTIVE COMPENSATION REPORT: HOMEBUILDERS ANNUAL AND LONG-TERM INCENTIVE PRACTICES

U.S. Public Pension Plan Contribution Analysis

INCENTIVE PLAN SERIES

2014 CDS Benchmarking Report

Manager Retention and Watch List Policy Review

Financial Conditions of Credit Unions:

Peer Analysis: How Does Your Bank Stack Up?

An Actuarial Evaluation of the Insurance Limits Buying Decision

HEALTH WEALTH CAREER REMUNERATION DEVIATION REPORT COMPANY XYZ JANUARY 1, 2017 PREPARED BY: PEER-REVIEW BY: S A M P L E

Quick Reference Guide. Employer Health and Safety Planning Tool Kit

Trend Charts Veterinary Efficiency Metrics

Cutting Edge Issues Related to. April 16, Payments to Physicians Under P4P Compensation Models

Executive Compensation Trend Report

Quality factors and their place in portfolio construction

Luke and Jen Smith. MONTE CARLO ANALYSIS November 24, 2014

Using ZRS and the Zacks Valuation. Model to identify factors impacting equity valuations in 3 minutes or less

2017 SYMBIOTICS MIV SURVEY Market Data & Peer Group Analysis. 11 th edition September 2017

Continuing Care Retirement Community Operations Benchmark Survey

THE ISS PAY FOR PERFORMANCE MODEL. By Stephen F. O Byrne, Shareholder Value Advisors, Inc.

Sector Models: An Insightful View of Risk and Return

Cyber Update Cyber Insurance Profits and Performance. May Revised with data as of June 23, Aon Benfield Analytics

Changing Times: Quantifying Research An analysis based off a selection of the largest global bulge bracket investment banks

UWINCO Investment Performance Quarterly Report Quarter Ended December 31, 2017

KPIs & KEIs for Success

Florida Economic Outlook State Gross Domestic Product

Trend Charts Liquidity and Profits

Salesforce. Supplemental Proxy Materials. May NYSE: CRM San Francisco, CA

Global Equities. Q&A roadshow #QAroadshow2016. Gavin Marriott Product Manager

Statistical Literacy & Data Analysis

RESEARCH IN MOTION LIMITED (BBRY-O) Technology Equipment / Computers, Phones & Electr. / Phones & Handheld Devices

2016 European Pay-for- Performance Methodology

FINANCE DEPARTMENT PERFORMANCE BENCHMARKS 2019

EMQQ Emerging Markets Internet & Ecommerce ETF

Risk vs. Uncertainty: What s the difference?

2015 French Equity- Based Compensation

Transcription:

MeasureIT Benchmarking Report IT Budgeting Metrics Respondent Name: Sample Health Care Company Name: Info-Tech Email: healthcare@infotech.com Date Completed: Jun 12, 2012 Executive Summary The following table identifies how your high level financial metrics compare to those of your peer group. Metric Your Metric Value Your Quartile Rank 25th Percentile Median 75th Percentile # of Peers Operational Budget as a Percentage of Revenue 2.04% 3rd 0.94% 1.39% 2.40% 40 Operational Budget to Staff $2,338.48 2nd $1,235.24 $2,369.30 $3,507.85 40 Operational Budget to IT Staff $120,467.27 2nd $95,833.33 $153,367.60 $188,599.35 40 Capital Budget as a Percentage of Revenue 1.96% 4th 0.22% 0.92% 1.61% 40 Capital Budget to Staff $2,250.00 4th $285.71 $1,081.08 $1,832.03 40 Capital Budget to IT Staff $115,909.09 4th $30,280.68 $66,666.67 $113,382.13 40 At a high level your spending levels appear to be in-line with your peers. You should be striking a reasonable balance between spending and providing service to the business. Review the metrics that follow in more detail to determine how you compare to your peers.

Benchmarking Goes Beyond Cost Justification/Savings To help you measure and optimize your IT department, there are six key areas of benchmarking: Performance Analysis Diagnostics Decision Making Use metrics to benchmark, analyze, and track performance. Metrics and benchmarking information can help diagnose problem areas early. Benchmarking metrics can help leaders make informed decisions with confidence. Financial Metrics Custom benchmarking provides you with: Metrics to help understand how your IT budgeting levels compare to your peers High level comparisons of key top level metrics Detailed granular financial metrics Implications of your individual financial metrics compared to your peer group An action plan to help with your particular situation Recommended research to help you take the steps necessary to optimize spending levels Goal Setting Accountability Ongoing Improvement Set goals to better align spending with peer groups, and right-size operational and capital budgeting with best practice IT shops. Use benchmarking data to help management and staff understand what they re accountable for and why. Good benchmarking information can form the foundation for continuous improvement in many areas including IT spending. Customized for You Benchmarking compares your metrics to: A custom peer group containing enterprises and organizations that match you as closely as possible Your peer group is defined by demographic information, complexity, growth, and involvement in outsourcing Your Peer Group

Your Peer Group Below is the composition of your peer group based on your demographic information. Your peer group is comprised of others that are a close match to you based on your industry, IT group size, number of users supported by the IT group, planned IT spending, gross revenue, and percentage of IT services that are outsourced. Peer Group Composition Industry: Health Care & Social Assisance 100% Number of IT FTE: 25-50 18% % Outsourced: 0% - 10% 30% Gross Revenue: $100 M - $500 M 45% Number of Users: 1 K - 2.5 K 28% 0 10 20 30 40 50 60 70 80 90 100 Percentage Our Graphs Explained

Our Graphs Explained Our graphs are informative, simple to interpret, and show: Median of all responses. Range of responses. Don t compare yourself to a simple average. Knowing where you fall within a range can help determine how closely your results resemble the bulk of your peers. Graph elements: Orange dot or line: Value of your metric. Blue Line: Median value where 50% of respondents had a higher result and 50% of the respondents had a lower result. Grey Line: Range of responses from the 25th percentile (25% of metric values are lower) to the 75th percentile (25% of metric values are higher). Interpretation: On the grey line: Metric value falls within the middle 50 percent of respondents. Consider yourself in-line with your peers. Outside the grey line: Metric value is outside, either lower or higher than what is normally expected. Consider carefully why your value is extreme. This is an indicator of potential problems.

Top Level Metrics Operational Budget as a Percentage of Revenue 1 1.25 1.5 1.75 2 2.25 2.5 Percent This table compares your metric value to various measurements: Median value of your industry Median value of your peer group 85th percentile value reported in your industry 15th percentile value reported in your industry Please note that "your industry high" and "low" should show the 85th and 15th percentiles respectively, not the absolute high and low which will almost always be outliers. This chart compares the operational spending of your IT organization relative to the revenue of your composite peer group. Generally, if your metric value is in-line with your peers (on the grey line) the relative operational spending of your IT organization is reasonable compared to your peers. If you fall beyond the grey line, your operational spending level exceeds that of most of your peers. You should investigate why your organization is spending more than your peers. If you fall short of the grey line, your operational spending trails that of most of your peers. If this is the case, you should investigate whether your organization is highly efficient or whether you are under-spending. Your Metric Industry Median Peer Group Median Your Industry High Your Industry Low # of Peers 2.04% 1.49% 1.39% 4.78% 0.71% 40

Operational Budget as a Percentage of Revenue - Different Perspectives Supported User Count This chart shows your operational budget relative to revenue, and compares it to different peer groups as defined by a single demographic. Revenue You can see, at a glance, how your relative spending level compares to other organizations with similar: IT Percentage Outsourced IT Staff Group Size of your Organization Revenue Involvement in Outsourcing Size of IT Staff Industry Main Industry 1 2 3 4 5 6 Percent Your Metric Supported Users Median Revenue Median IT Percentage Outsourced Median IT Staff Median Industry Median 2.04% 1.54% 1.28% 1.40% 1.75% 1.49%

Capital Budget as a Percentage of Revenue 0.5 1 1.5 2 Percent This table compares your metric value to various measurements: Median value of your industry Median value of your peer group 85th percentile value reported in your industry 15th percentile value reported in your industry Please note that "your industry high" and "low" should show the 85th and 15th percentiles respectively, not the absolute high and low which will almost always be outliers. This chart compares the capital spending of your IT organization relative to the revenue of your composite peer group. Generally, if your metric value is in-line with your peers (on the grey line) the relative capital spending of your IT organization is reasonable compared to your peers. If you fall beyond the grey line, your capital spending level exceeds that of most of your peers. You should investigate why your organization is spending more than your peers. If you fall short of the grey line, your capital spending trails that of most of your peers. If this is the case, you should investigate whether your organization is highly efficient or whether you are underspending. Your Metric Industry Median Peer Group Median Your Industry High Your Industry Low # of Peers 1.96% 0.50% 0.92% 1.90% 0.16% 40

Capital Budget as a Percentage of Revenue - Different Perspectives Supported User Count This chart shows your capital budget relative to revenue, and compares it to different peer groups as defined by a single demographic. Revenue You can see, at a glance, how your relative spending level compares to other organizations with similar: IT Percentage Outsourced IT Staff Group Size of your Organization Revenue Involvement in Outsourcing Size of IT Staff Industry Main Industry 0 0.5 1 1.5 2 Percent Your Metric Supported Users Median Revenue Median IT Percentage Outsourced Median IT Staff Median Industry Median 1.96% 0.26% 0.23% 0.54% 0.40% 0.50%

Second Level Metrics Operational Budget to IT Staff Peer Group Supported User Count This chart compares your operational budget relative to number of IT staff with your composite peer group, within enterprises of similar size and the same industry. Main Industry 100k 150k 200k 250k Dollars A metric value beyond the grey line suggests that capital spending relative to IT staff is higher than your peers. Consider where opportunities may exist to reduce capital spending. A metric value short of the grey line suggests that your capital spending is significantly lower than your peer group. Consider where opportunities may exist to align capital spending with your peers. Capital Budget to IT Staff

Capital Budget to IT Staff Peer Group This chart compares your capital budget relative to number of IT staff with your composite peer group, within enterprises of similar size and the same industry. Supported User Count Main Industry 25k 50k 75k 100k 125k Dollars A metric value beyond the grey line suggests that capital spending relative to IT staff is higher than your peers. Consider where opportunities may exist to reduce capital spending. A metric value short of the grey line suggests that your capital spending is significantly lower than your peer group. Consider where opportunities may exist to align capital spending with your peers. Operational Budget Growth

Operational Budget Growth Peer Group Supported User Count This chart compares how changes in your operational budget growth levels compare with your composite peer group, within enterprises of similar size and the same industry. Main Industry 0 2.5 5 7.5 10 Percent A metric value beyond the grey line suggests that you have experienced greater growth than most of your peers. Consider the rationale for this growth and whether, given company performance and economic conditions, this level of growth can be justified. A metric value short of the grey line suggests that you have experienced slower growth or greater contraction than most of your peers. Consider the drivers motivating your slow growth or contraction and whether this pace is appropriate given company performance and strategic objectives. Capital Budget Growth

Capital Budget Growth Peer Group Supported User Count This chart compares how changes in your capital budget growth levels compare with your composite peer group, within enterprises of similar size and the same industry. Main Industry 0 5 10 15 Percent A metric value beyond the grey line suggests that you have experienced greater growth than most of your peers. Consider the rationale for this growth and whether, given company performance and economic conditions, this level of growth can be justified. A metric value short of the grey line suggests that you have experienced slower growth or greater contraction than most of your peers. Consider the drivers motivating your slow growth or contraction and whether this pace is appropriate given company performance and strategic objectives. Detailed Financial Metrics - Operational Budgeting

Detailed Financial Metrics - Operational Budgeting = Your Peers = Your Industry Metric Your Metric Peer Median Industry Median Quartile Breakdown Operational Budget to Staff $2,338.48 $2,369.30 $2,317.60 Operational Budget to Users $2,338.48 $1,844.04 $2,062.08 Operational Budget to Workstations $3,975.42 $3,834.19 $3,248.69 Percentage of Operational Budget for IT Employees Percentage of Operational Budget for IT Contractors Percentage of Operational Budget for IT Consulting Percentage of Operational Budget for IT Training Percentage of Operational Budget for Ongoing Software Licenses and Maintenance Percentage of Operational Budget for Hardware Maintenance and Upgrades 37.22% 40.63% 40.59% 0.00% 0.00% 0.00% 2.28% 1.06% 1.35% 4.10% 0.70% 0.87% 2.77% 20.83% 18.18% 3.37% 4.44% 4.58%

Percentage of Operational Budget for Technical Services Percentage of Operational Budget for Data Communications Percentage of Operational Budget for Voice Communications 43.77% 0.05% 0.47% 10.56% 2.50% 2.37% 0.54% 2.13% 1.74%

Detailed Financial Metrics - Capital Budgeting = Your Peers = Your Industry Metric Your Metric Peer Median Industry Median Quartile Breakdown Capital Budget to Staff $2,250.00 $1,081.08 $1,250.00 Capital Budget to Users $2,250.00 $794.92 $666.67 Capital Budget to Workstations $3,825.00 $1,725.00 $1,420.00 Percentage of Capital Budget for New Hardware Percentage of Capital Budget for New Software 49.67% 36.00% 44.83% 91.50% 27.62% 33.33%