Lessons on IT Budgeting

presentation-224106_640

 

In recent years, IT leaders have been challenged to do more with less: their budgets have shrunk, while at the same time, they've been asked to continue providing high levels of value for the business. This situation has led to an IT environment where leaders will take any steps necessary to cut costs, often at the expense of their performance levels.

 

If you're one of the many IT leaders that needs a good way to cut expenses, it's important that you go about it the right way, avoiding short-sighted cost cutting measures that end up doing more harm than good in the long run. Taking a look at how some of the top enterprise IT organizations are approaching cost savings might help. Read on to learn more about some cost-cutting measures that won't interfere with your ability to add value to the business.

 

1. Remote access solutions

 

One way that enterprise IT leaders are tackling the issue of cost is with remote access solutions. These solutions, such as Ericom's RDP client AccessNow, are designed to help organizations get browser-based access to Windows applications and desktops (both virtual and physical) without the need to invest in expensive hardware and software. In addition to being cost effective, these solutions also help IT teams get the most out of their existing resources by allowing team members to access their desktops from any device, no matter where they are in the world.

 

2. Cloud infrastructure

 

According to this article form ZDNet, infrastructure is the single largest source of cost for IT teams. However, the article also notes that this is likely to change dramatically over the next couple of years, as more and more teams begin to shift toward cloud infrastructures that will allow them to cut head count and scale back the funding required to maintain physical infrastructure. This will allow IT teams to focus more funding on areas that are important to future success, including analytics and innovation.

 

3. Bring your own device

 

We are living in an era where most employees already own devices that are powerful enough to help them complete their work tasks. At the same time, many of these employees would feel more satisfied and productive if they were allowed to use their own devices. As a result, bring-your-own-device programs seem like a no-brainer, in that they can save money for the company by removing the burden of providing devices, while also making employees happier and more productive.

 

However, as this article from Forbes points out, things aren't so black and white. While the cost savings of BYOD are real, BYOD isn't exactly the license to save money that some make it out to be. There are new costs associated with BYOD that business must account for as well.

 

As these three examples show, there are many legitimate ways for IT teams to cut costs without affecting performance. If IT teams can approach these new ideas carefully, after undertaking thorough preparation first, they may be able to put thousands of dollars back into their budgets every year.

 

 

Share small business news, blogs and social media tips with Project Eve's community of small business owners and entrepreneurs today. Our contributors come from a wide range of backgrounds; so whether you are a small business owner, social media strategist, financial adviser, serial entrepreneur, or write an amateur blog we urge you to contribute a blog to our 500,000+ community today. For more information, please refer to our Content Submissions Guidelines.

Add a Blog