Showing posts with label ITIL Service Catalog. Show all posts
Showing posts with label ITIL Service Catalog. Show all posts

ITIL Service Portfolio - How It Fits With Service Strategy

One of the key aspects of the ITIL Service Strategy is keeping a well documented service portfolio. A service portfolio usually contains a detailed view of a service provider's history, along with its commitments and investments that it has gone through over the years.

A look at a service provider's portfolio and one would see a comprehensive description of the company's past and ongoing contractual obligations. It chronicles the services that they offered, the products that they are delivering in present companies, and it also notes the service provider's third party services.

With a service portfolio handy, the company can wisely choose which services can fit their busines organization better. A service portfolio can testfiy to the power and reliability of a service provider, as it also helps in improving the allocation of their resources.

A company's service portfolio is an effective way on getting a client's attention and interest. That's why it is necessary that it contains a clear and precise look of the company. It should provide the client an accurate explanation of the various process used and the cost that it might incur in the service operation.

A service portfolio contains three phases: -

- Service Catalogue

A service catalogue contains the services that the company presently offers in their business. It details comprehensive service solutions that can be easily modified for a new customer.


- Service Pipeline

The service pipeline consists of future services that are currently in development by the service provider. It helps the client realize the growth and the direction of the company with its listed future projects included in the service portfolio.


- Retired Services

These are the past services that the company has rendered. Retired services are classified as phased out services that are not available for clients, unless they make a special business case for themselves.

ITIL Service Catalogue - Critical for ITIL Service Strategy

ITIL Service Strategy aims to build a seamless service operation in an IT business firm. With its structured principles and processes, it helps give the business owners a chance to compete with a fierce stance against their competitors.

A key aspect of the Service Strategy is its service portfolio, with a detailed and comprehensive information on the services that the company can offer to its client, it can entice new prospects and projects with their compiled notes on their delivered services.

Service portfolio has three phases, which includes the service catalogue, service pipeline and its retired services. Let's take a look at what a service catalogue contains.

A service catalogue is one of the most important part of the service portfolio, as it offers a comprehensive look at the present services that the company can offer to its clients. It provides them with a clear view of what services can fit their needs the most and it also provides details on how much it can cost them when they acquire their services.

A service catalogue acts as a service order for the client, as it is filled with useful service information that contains a clear description of each services. It helps a business find the perfect application for their operation, and if they needed it to be done, it can be customized to their own service requirements.

The contents of a service catalogue goes through a rigid process, as the service provider sifts through which services are reliable and are in demand, while it phases out the services that are not cost efficient and productive for their clients.

As these changes progresses, they offer new services and changes through the introduction of a service transition in their business.