Information technology costs can eat up a huge chunk of any company’s budgets, and it can be extremely difficult to find ways to lower them. So many IT expenses seem to be fixed, and it’s not easy to find alternatives. In this blog, we’ll detail a few actionable IT cost reduction strategies.
5 Helpful IT Cost Reduction Ideas
1. Virtualization
Virtualization essentially equates to using fewer physical servers to run the same amount of software applications. For example, rather than having one physical server for email, one for web and one for legacy apps, virtualization might allow you to run all three of those programs on just one server.
It boils down to making more efficient use of your IT hardware, which saves physical space as well as money.
2. Outsourced Support Staff
One of the best IT cost reduction strategies is to simply outsource some (or all) of your IT support staff. Rather than having a team employed full-time, even when no tech issues are occurring, you’ll have an on-call team that you pay to use only when necessary.
3. Vendor Management
Whether it’s a brand new computer, a company license to use Windows 10 or anything in between, IT hardware and software typically isn’t cheap.
That’s why we recommend working with a company that offers IT vendor management services. These companies often get access to essential hardware and software at exclusive prices, and you can reap the benefits since you’ll save as well.
4. Proper Data Backup
Although it might not save you money in the short-term, proper data backup is undoubtedly one of the most important IT cost reduction strategies.
A natural disaster or cyberattack that results in data loss can cause productivity at your organization to come to a grinding halt. In addition, the potential costs you might incur hiring a company to retrieve data that wasn’t backed up properly are virtually limitless.
Good backups are easy to retrieve and can get your company back up and running quickly.
5. Optimize Infrastructure
Structured cabling, wireless network layouts and other infrastructure can result in decreased productivity and increased electrical costs if they’re not configured properly. Ensuring your infrastructure is installed for optimal performance will help to reduce IT expenses.
Even if your company has a history of high IT costs, don’t adopt a blasé attitude about it. These are clear, actionable ways that will allow your company to reduce IT expenses.
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