{"id":429,"date":"2017-04-11T10:16:55","date_gmt":"2017-04-11T09:16:55","guid":{"rendered":"https:\/\/www.microsoft.com\/en-gb\/industry\/blog\/industry\/2017\/04\/11\/windows-10-reducing-cost-financial-organisations\/"},"modified":"2017-04-11T10:16:55","modified_gmt":"2017-04-11T09:16:55","slug":"windows-10-reducing-cost-financial-organisations","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-gb\/industry\/blog\/financial-services\/2017\/04\/11\/windows-10-reducing-cost-financial-organisations\/","title":{"rendered":"Windows 10: Reducing cost for financial organisations"},"content":{"rendered":"
You\u2019re probably tired of being told to \u2018do more with less\u2019, but the adage has never been more relevant for today\u2019s financial institutions. Especially when it comes to creating a secure digital workplace that will enable your employees to thrive, while significantly driving down business costs. Let\u2019s consider the challenges you face in terms of transforming your organisation.<\/p>\n
While you\u2019re currently lumbered with reducing complex and costly IT support across your organisation, you\u2019re also facing the burgeoning threat of cyber-attacks. The average cost for a single data breach is $3.8 million1<\/sup> and should the unthinkable happen, you\u2019ll also need to factor in damage to your corporate reputation, loss of customers and business interruption. Then there\u2019s the additional cost of re-establishing your brand as trustworthy in the aftermath of an attack.<\/p>\n Another key driver for workplace transformation is the fact that your employees are struggling with outmoded technology. This inevitably reduces their productivity and morale. By 2020 half your workforce will be made up of Generation Y employees2<\/sup> who have never had to live without the internet and have used the latest technology since primary school. You\u2019re under mounting pressure to keep pace with their expectations if you\u2019re serious about attracting and retaining the right talent.<\/p>\n Initiating digital workplace transformation<\/span><\/p>\n If you\u2019re considering a digital workplace transformation strategy, Windows 10 provides the right foundation. Powerful features built into the operating system will enable your IT department to reduce security and IT management costs. While your employees can quickly become more productive with an intuitive operating system that they\u2019re probably already using at home.<\/p>\n Microsoft recently commissioned Forrester Consulting to conduct a Total Economic Impact\u2122 study of Windows 103<\/sup>. They interviewed four enterprise organisations across various industries that were early adopters of Windows 10. Here\u2019s an overview of the key findings:<\/p>\n Significant cost savings for IT departments<\/span><\/p>\n The survey revealed that with easy-to-use installation features and self-service functions, Windows 10 requires a great deal less IT administration time to install, manage, and support. One customer reported that Windows 10 deployment was 50% faster and less complex compared with their previous operating system upgrade. Overall IT administrators estimated a 15% improvement in IT management time with Windows 10.<\/p>\n Minimal security issues<\/span><\/p>\n Windows 10 is by far the most secure Windows product to date. Introducing huge advancements in security and identity protection, it\u2019s specifically designed to combat the rapidly evolving world of cyber security. Powerful new security elements have been added including Credential Guard and Device Guard, which protect users from malware and other types of system compromise.<\/p>\n There are also many improved features including BitLocker for advanced protection of employees\u2019 data. Forrester found that security events related to device management and requiring IT remediation were reduced or avoided altogether. Some of the businesses included in the study could be saving up to nearly $700,000 a year, simply by enabling security features in Windows 10.<\/p>\n Workplace productivity improvements<\/span><\/p>\n Improvements such as convenient access to corporate applications, increased security and better mobility tools help users to increase productivity and complete work more quickly and effectively. Employees estimate they have 25% more time to get work done than they did before.<\/p>\n Windows 10 starts up faster than previous iterations and the study found that client service employees took advantage of this extra time to meet more customers. It took them less than five minutes to boot up their PCs and log into key systems (compared with 20 minutes on previous operating systems). Furthermore, end users can handle simple IT tasks such as installing software or resetting passwords. They can also leverage the touch-enabled Windows 10 operating system to complete more work in mobile settings.<\/p>\n Further reasons to upgrade<\/span><\/p>\n Along with the features highlighted in the Forrester report, there are two important Windows 10 advantages relevant to the financial industry. Firstly, Microsoft has placed a strong emphasis on application compatibility. When you upgrade, most of your existing Windows applications will work without requiring remediation. Secondly, Windows 10 has a common code base across all devices \u2013 desktops, laptops, tablets and phones \u2013 which reduces application development costs for financial organisations.<\/p>\n Find out your ROI for Windows 10<\/span><\/p>\n If you\u2019re considering implementing Windows 10, you can work out your potential return on investment and find out about the cost savings that will apply to your organisation. Sign up to use our Windows 10 Enterprise Value Calculator<\/a>.<\/p>\n