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10 Ways to Shrink Your IT Budget without Killing Progress

The worst has happened: you get the heads up to either cut the budget or let members of your team go. So how do you cut costs without derailing progress? In an article for TechRepublic, Jack Wallen lays out ten practical ways in which to trim IT’s budget:

  1. Implement open source.
  2. Virtualize your servers.
  3. Repurpose resources.
  4. Prioritize spending.
  5. Outsource to data centers.
  6. Individualize your budget items.
  7. Go green.
  8. Go Google.
  9. Examine your mobile purchasing policy.
  10. Purchased used equipment.

Hedge Trimmers

Utilizing open source can help to save big bucks because you will no longer have to pay licensing fees to Microsoft and other third parties. Do not be scared of the potential backward regression; many enterprise companies are utilizing this idea because it is reliable, scalable, secure, and ready to use. Another idea is to simply virtualize servers. This can cut costs on hardware as well as help streamline maintenance of the servers. We live in a world of convenience, and consequently, this convenience causes mass consumption. Sometimes a little repurpose is all that a project really needs.

The first thing that you should be looking into with a shrinking budget is to prioritize where spending is really needed. One element to look into when developing priorities is to cut licensing costs and outsource to data centers. Individualizing your budget can also help prioritize, because it breaks down everything line by line and you can clearly see where the money is going.

There is more to going green than just the tax credits; there is money to be saved in the greener technology itself. Utilizing Google helps open up the opportunity of using their cheaper, more cost-effective items, such as the Chromebook.

Ensure that your mobile fees are not actually hurting you. It is nice to foot the bill for employees who are often on call, but if you have a poor plan, this may become costly. Purchasing items that are slightly used is another quick way to save money. Yes, there is a risk that they may break quickly, but what if they do not? That is quick money saved.

You can read the original article here: http://www.techrepublic.com/blog/10-things/ten-ways-to-shrink-your-it-budget-without-killing-progress/

About Danielle Koehler

Danielle is a staff writer for CAI's Accelerating IT Success. She has degrees in English and human resource management from Shippensburg University.

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