1. The document discusses how organizations can reduce IT spending by simplifying, automating, and adapting their operations. It states that currently only 35% of IT budgets go towards new projects while 65% is spent on maintaining existing infrastructure. 2. Simplifying operations involves using standardized patterns and platforms like IBM PureApplication and SoftLayer to reduce complexity. Automating processes such as testing, deployment and configuration can reduce costs and errors. 3. Adapting culture and processes, for example using DevOps and continuous delivery practices, can help break down barriers and improve efficiency across the entire IT lifecycle. The overall goal is to free up more of the IT budget for new projects that drive business innovation.