What To Expect From IT Due Diligence Services

Due Diligence as it pertains to IT refers to the assessment of a company or organization’s IT functionality. By utilizing IT due diligence services, businesses can better understand the costs, risks, and opportunities in relation to their IT landscape. Despite many businesses having an on-staff IT department who are qualified to perform this assessment, it helps to have an experienced and independent third-party provider to outsource the job to. This is because in-house IT departments are biased to their own work and may be overlooking something that an extra set of eyes can better notice.

During IT due diligence services, the third-party provider will evaluate the state of a company’s IT infrastructure, equipment, processes, and staff. They will then identify where improvements can be made, explain potential risks, and provide a detailed overview of recommended updates, changes, and plans for future growth. Typically, this overview includes:

• An outline of the organization’s current state of IT functionality. This includes the capabilities of IT systems (hardware, applications, network), IT infrastructure (network infrastructure, software licenses, hardware, lease obligations), and IT organization and processes (skills of the IT staff, current processes for daily operations, disaster recovery plans, and cost management strategies).
• An assessment of the organization’s scalability and future growth.
• An assessment of the organization’s risk as well as advice on how to minimize risk and improve the IT landscape.
• A budgetary analysis to ensure the organization is not overspending or underfunding their IT department and advice on how to optimize costs.