CIOs, CFOs, and CEOs are always looking for cost-cutting solutions for their companies. Such solutions can easily be derived from economic concepts.
Cutting costs benefits the overall enterprise architecture in several ways. However, cost optimization ideas are only beneficial when the concepts behind them can be applied more widely as part of a company’s overall strategy.
When a cost optimization idea is proposed, enterprise architects use these underlying concepts to further expand the solution.
Only when the concept as a whole is applied to the company’s operational and financial strategies can the company begin to reap benefits of cost optimization.