Showing posts with label IT Budget. Show all posts
Showing posts with label IT Budget. Show all posts

Sunday, August 16, 2015

How to optimize your IT budget

"The profit lies in purchasing". A well-known slogan, which is among diehard merchants and freshmen in business administration equally known. Far too often this rather simple approach is also transferred to the budgets of IT departments.

Across all industries know CIOs and CTOs, the demand for cost discipline or even budget cuts. In the age of global competition and tight margins an understandable demand, but which is difficult to comply with. Even the highest quality and reliability of the infrastructure required by the operational units at the same time.

A simple change in strategy CTOs and CIOs could, but significantly reduce the cost of network infrastructure and thus improve returns for their businesses. However, these opportunities often remain untapped, while cost-conscious managers are some good alternatives open. For example, if the end-of-life of a Cisco router, announced no further features are implemented from that date and it remains a year in which the system is still available for purchase.

In the next step, it is no longer possible to transfer the system to a new maintenance contract. Here at last leaves of OEM customers with the product finally out in the cold. Due to the short life cycles of these business practices created for the customer in very high costs.