If you Google the term “bailout”, you’ll get over 28M results. As a sign of our times, the term that was initially limited to finance and auto industries has been adopted as a universal plea for “rescue”. So it is time perhaps for offering businesses an “MDM bailout”.

After reeling from precipitous sales declines, companies are chasing ever decreasing cost targets. And if you are among the industries targeted for increased governmental scrutiny, your business teams are looking to meet new federal and local compliance regulations. Believe it or not, this offers an excellent opportunity for IT teams to step up and offer an “MDM bailout plan” to their business counterparts: even though IT departments have seen their budgets slashed.

Here’s why. At an enterprise level, companies are seeing significant merger and acquisition activity, such as in Life Sciences industry. This means there is a strong need to consolidate customer segments and product lines rapidly to realize M&A cost savings. In other industries like Financial Services, increased regulation and compliance requirements are mandating frequent reporting and greater transparency into business transactions. So, an “MDM bailout plan” targeted at extracting cost savings within your company or at delivering regulatory compliance should be well received in this economic climate.

So here is a situation where a trillion or two is not needed to make a difference. With targeted, rapidly deployed “MDM bailout”, IT organizations have an opportunity to help improve their companies’ bottom line.