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This Week’s Question
As part of Project Thrive, has there been consideration around conducting a centralized review of our existing software stack to identify redundant tools and overlapping functionality? This could support FinOps objectives by reducing unnecessary licensing costs, while also helping us better evaluate and maximize AI capabilities already available within our current platforms.
Thank you for raising this. Indeed we are actively working to evaluate our solutions to streamline our software inventory.
As Rick McCarthy, our CIO, explains, within this work is evaluating our core solutions (e.g. Epic, OnBase, Microsoft, Banner, etc.) to identify the vendors’ roadmaps, which include AI capabilities, so we can work with leadership on our future plans. Along this journey we are working hard to consider our core systems first before looking at other vendors (e.g. Epic first). Not only will this offer potential cost savings but will reduce our technological complexity and cost to support.
So as you can see, this is a work in progress, and the work is already well underway. Thank you for the question.
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