Making Smart IT Investments: Updated Tools for School System Leaders
CoSN (the Consortium for School Networking) today launched two new tools to help school leaders make and sustain effective IT investments.
The updated SmartIT Initiative’s Total Cost of Ownership and Value of Investment resources will give school technology leaders and administrators a better understanding of the cost of their IT operations and calculate the value of their investments.
“For school technology leaders, it has never been more important to get a full understanding of the cost and benefits of their investments,” said Keith Krueger, CEO of CoSN. “By taking advantage of these modern resources, district technology leaders will be able to demonstrate the educational value of their investment decisions to school leadership and their communities.”
SmartIT Initiative Resources
Total Cost of Ownership
Total Cost of Ownership (TCO) measures the cost of acquiring and maintaining computer networks as well as obtaining staff and additional support. A TCO assessment helps to determine the effects of proposed budget cuts or other changes that could result in deficiencies. Explore the resource here.
Value of Investment
As technology budgets continue to be reviewed, school leaders should carefully calculate the value of their IT investments. The Value of Investment (VOI) methodology can help districts evaluate proposed projects and understand and communicate project costs and benefits. Learn more about the resource here.
“Often, technology leaders will not fully understand their total IT direct and indirect costs and cannot dig into them that easily. CoSN’s revamped TCO tools simplify that process. And the VOI tools will remove any ambiguity in proposed results from new IT project proposals when they are presented to school boards and voters,” said Dennis Fazio, SmartIT Project Director.
Learn more about CoSN’s updated SmartIT initiative at: CoSN.org/SmartIT.
CoSN is the premier voice and resource for K-12 education technology leaders nationwide. Serving more than 13 million students in America’s school systems, CoSN provides education leaders with the tools and relationships to leverage technology and advance modern, engaging learning environments. Visit CoSN.org to find out more about CoSN’s focus areas, annual conference and events, advocacy and policy, membership, and the CETL certification exam.
Connect With CoSN