IT Demand Management: What is it and Why do you Need it

As the modern workplace becomes more tech-driven, companies need to innovate faster than ever. This puts a tremendous amount of work on the IT department, which must balance resources with demand. IT Demand Management is a planning methodology used to manage and forecast the demand for products and services. At edison365, they approach IT demand management as a process of collecting project requests, evaluating project requests, approving and planning projects, executing projects, and finally, realizing benefits. This methodology improves the delivery of IT services while reducing costs and remaining aligned with the overall business strategy. Implementing IT Demand Management results in better planning and massive resource savings.