IT services are more important than ever before, and businesses who try to forego the latest updates in digital security are increasingly putting themselves at risk for malware and ransomware attacks. Whether you are part of private industry and are looking to turn a profit and get ahead while maximizing your use of a digital platform, or part of the public sector needing to keep up with the constant use of digital services surrounding you, working with an IT consultant can help you to optimize your IT costs and maintain your budget as you improve your use of digital technology.
How to Optimize IT Costs
With how important digital connectivity has become in the modern world, having strong IT support is more important than ever. However, IT support can come at a cost, and for many growing businesses this is something that can prevent you from making the best investments for your needs. It makes sense that company leaders are going to opt for wanting to invest as much of their budget as possible into the needs of their growing business, and IT services may not seem like they are the right place to invest that time and funding, but this point of view can cost you majorly in lost time and resources should there be a data breach or malware attack.
Here are ten strategies that any company can use to optimize the cost of IT services:
Look into shared services. In some cases, it is possible to share IT services across businesses to keep the cost of services down while still maintaining in-house access to IT support. In many scenarios this can save you between 15% – 20% in IT costs compared to fully staffing in-house IT services.
Try to adopt a cloud-first platform. Most cloud platforms are developed with their own built-in security systems to help back-up data, and buying into those programs can help to save you money on trying to develop that yourself.
Consolidate your data centers. Have a look at how your business is structured right now, and see where you can be more strategic with consolidating your data. Bringing your data storage to a single location could mean limiting how much server space that you need. If you have multiple offices you can utilize cloud software to make everything available on a larger network.
Standardize your enterprise applications. This is a rather simple shift that can help to reduce IT costs in your budget by 15% to as much as 25%. For many companies, the application portfolio can take up a significant portion of the IT budget.
Audit your IT expenses. Try to improve transparency in your IT expenses by conducting regular audits of your current system and seeing where the money is going, and whether it is working to its maximum potential. Understanding your current IT costs is one of the first steps to strategically optimizing those costs.
Evaluate business spending across departments. Many companies invest less than 5% of revenue into IT costs, and so when you are looking to optimize costs evaluating the percentage of your budget that is dedicated to IT services is important. You may be wasting money in other departments that could be made more efficient by improved IT processes.
Invest in Robotic Process Automation (RPA). Leveraging technologies like RPA and artificial intelligence can help to optimize systems within your business and thereby help your company to run more efficiently, thereby potentially saving you money in overhead costs.
Reevaluate IT assets. Overlooking asset management capabilities could lead to increased IT operating costs. If your company is still tracking individual assets then you could be losing money. Shifting to a corporate governance model can be much more efficient. This simple shift can save companies between 10%-20%.
Consider digital business transformation options. Consult with your business stakeholders and consider the different ways that your company can contribute from different budgets to optimize technology across your corporate structure. Beginning a cycle of continuous reinvestment can significantly improve IT services and reduce costs in the long run.
Always look to optimize. Optimizing your IT services is just the start—you need to look at every interaction that your company has with technology, at the corporate, employee, and client level, and look to ways that you can optimize that experience to make it fit better within your budget.
SSE Helps Organization Managed IT Cost Optimization
Whether you are part of the public sector or a private organization, having strong IT services at your disposal is incredibly important. The stronger your company’s reliability on digital services becomes, the more vulnerable you may be to attack. Don’t find yourself losing time and money trying to recover data and repair your company’s reputation after a data breach. Working with a group of IT support experts can allow you to move forward with your business plan without the looming threat of facing an IT issue on your own.
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Optimizing IT Costs for 2020
IT services are more important than ever before, and businesses who try to forego the latest updates in digital security are increasingly putting themselves at risk for malware and ransomware attacks. Whether you are part of private industry and are looking to turn a profit and get ahead while maximizing your use of a digital platform, or part of the public sector needing to keep up with the constant use of digital services surrounding you, working with an IT consultant can help you to optimize your IT costs and maintain your budget as you improve your use of digital technology.
How to Optimize IT Costs
With how important digital connectivity has become in the modern world, having strong IT support is more important than ever. However, IT support can come at a cost, and for many growing businesses this is something that can prevent you from making the best investments for your needs. It makes sense that company leaders are going to opt for wanting to invest as much of their budget as possible into the needs of their growing business, and IT services may not seem like they are the right place to invest that time and funding, but this point of view can cost you majorly in lost time and resources should there be a data breach or malware attack.
Here are ten strategies that any company can use to optimize the cost of IT services:
SSE Helps Organization Managed IT Cost Optimization
Whether you are part of the public sector or a private organization, having strong IT services at your disposal is incredibly important. The stronger your company’s reliability on digital services becomes, the more vulnerable you may be to attack. Don’t find yourself losing time and money trying to recover data and repair your company’s reputation after a data breach. Working with a group of IT support experts can allow you to move forward with your business plan without the looming threat of facing an IT issue on your own.