Is Your Tech Stack Pantry Properly Stocked?

Find out with Entrio's Live Solutions Catalog

Imagine you're going to make spaghetti for dinner. You head to the store and grab a jar of tomato sauce, only to come home and find that you already had three jars sitting in your pantry. Frustrating, right? This common kitchen mishap perfectly illustrates a challenge many organizations face when managing their tech stack. 

An average pantry probably contains less than 100 items. Now think of the chaos of an average enterprise tech stack with thousands of vendors and three times as many applications. The complexity and scale of such a tech stack make it incredibly difficult to see it all clearly and therefore manage it effectively. 

Just like checking your pantry before a grocery run saves you time and money, knowing what's already in your technology arsenal can prevent unnecessary purchases and redundant tools. This is where Entrio's platform comes into play.

The tech stack pantry check

Think of Entrio as a detailed inventory of your tech stack – your organization's digital pantry. It provides a comprehensive overview of all the technology solutions you currently have. Whether it's software, cloud services, hardware vendors, market data, or IT professional services providers, the catalog ensures that everyone in the organization is on the same page.

The tale of the tomato sauce

Let's dive into a story that many can relate to:

Sarah, a project manager, was tasked with finding a project management tool for her team. She browsed through various options and decided to purchase a shiny new software that promised to revolutionize their workflow. Excited about her choice, she made the purchase and started the implementation process.

A few days later, during a cross-functional team meeting, Sarah discovered that the company had already purchased a similar tool just a few months earlier. It was a high-quality, fully capable solution that had simply been underutilized. Sarah's new purchase was not only redundant but also a waste of valuable resources.

If Sarah had access to Entrio, she could have easily checked her company's tech stack (her pantry) and seen that they already had the project management tool she needed. This would have saved her time, effort, and the company's budget.

Help at the store too

Now let's say Sarah does need a new solution for a specific project, maybe she needs pasta for her dish. With Entrio, she can easily compare the different options available, just like comparing pasta options at the grocery store.

Entrio’s Live Solutions Catalog allows her to:

• Compare different solutions: Just as you might compare spaghetti, penne, and fusilli, Sarah can compare various technology solutions to see which best fits her needs.
• See what peers have bought: Sarah can look at what similar organizations have purchased, much like asking friends which brand of pasta they prefer.
• Compare features: She can dive into the details, comparing features and capabilities of each solution, just as one might compare the ingredients in different pasta brands to find the healthiest option.

This level of insight ensures that Sarah can make an informed decision, selecting the technology solution that best aligns with her project requirements and organizational goals.

Why Entrio's Live Solutions Catalog is essential

Entrio cleanses and normalizes tech stack data across all repositories within an organization, providing an accurate view of all technology solutions. This comprehensive approach ensures that everyone in the organization can access up-to-date information about the tech stack, facilitating better decision-making and strategic planning. 

1. Avoid redundancy: Just as you wouldn't buy more tomato sauce if you knew you had enough at home, Entrio helps you avoid purchasing redundant technology. It provides visibility into what you already have, ensuring that your tech investments are strategic and necessary. Entrio saved a tier-1 US bank $6M annually through tech reuse. 

2. Improve utilization or consolidate: The catalog helps you identify underutilized and redundant tools. Like discovering those forgotten jars in the back of the pantry, you might find hidden gems in your tech stack that can be repurposed, better utilized, or decommissioned. Entrio has identified 70+ consolidation opportunities across multiple tier-1 banks. 

3. Streamline purchase processes: With a clear view of your tech stack and the broader market, you can streamline product evaluation. Everyone in the organization can quickly find and evaluate alternatives, easily collaborate with all stakeholders, and make informed decisions. On average, Entrio customers make technology purchasing decisions 35% faster. 

Before you head out on your next tech shopping spree, take a moment to check your pantry. Entrio's Live Solutions Catalog offers a seamless way to inventory your technology, ensuring that you make the most of what you already have. Avoid the frustration of discovering you had the tools you needed all along. Embrace the clarity and efficiency that comes with knowing exactly what's in your tech stack.