Typically, the IT services buyer forecasts usage utilizing a number of factors at his/her disposal:
- Prior contracted capacity—that is, what was signed up for in the past.
- Forecasted business objectives, along with the inherited success criteria for objective completion, that will dictate IT demand—what will IT infrastructure needs look like over the upcoming quarters relative to in-budget and market-responsive projects.
- Risk tolerances by business line that dictate Service Levels which are acceptable in fulfillment of those aforementioned objectives.
Modern IT organizations use next-generation analytics to perform scenario-based forecasts that help measure and calibrate waste based on varied capacity levels. Read on to learn more.