A recent article on gigaom.com caught the interest of many on the web. A medium-sized company was able to cut their IT Budget by 70 percent in one year. Essentially they tasked themselves with reevaluating all of their IT expenses. They had high monthly capital expenses incurred by trying to pay off fixed on-site infrastructure and monthly licensing fees. In addition, they were finding it costly to support and was not agile enough to keep up with their business needs. Their solution was to narrow down a menu of services based on their business requirements that were easy to support, cost less, and offered greater flexibility.
Moving onto the Cloud
Through all the IT soul searching that went on in the example above, the company came full circle to realize that the solution they had originally implemented wasn’t right for them. As a mid-sized dynamic organization, the fixed IT infrastructure, software licensing, and technical ability required of the solution, wasn’t working for them. So, they moved onto the cloud..
Many small-to-medium sized organizations are benefiting from cloud, SaaS, and virtualization technologies. It allows SMBs to access to the latest technologies and top-notch expertise without large upfront costs, implantation headaches, or extensive support staff. However, on-site infrastructure may, in some instances, be crucial and/or more economical for large enterprise. Companies with greater resources may determine that fixed infrastructure or perhaps a hybrid solution is best at meeting their criteria for security, budget, and functionality.
IT Cost Management Software
The important first step is to determine what solution is best for your organization is to understand the cost structures of IT investment. This can be a substantial undertaking without the proper IT Cost Management solution in place. An IT Cost Management solution helps you manage a complete inventory of infrastructure, devices, and services all on one interface. It gives you insight into how IT is being utilized in your organization and how much it is costing. Contact us to learn more about how an IT Cost Management software can help you Take Back Control of your company’s IT services.