IT Best PracticesIT Excellence

Reorganize IT Operations Despite Limited Budget and Fuel Business Growth

Amid the unforeseen economic condition, IT operations have become a focus area for cost-cutting as the majority of the workforce is working remotely. In this article at CIO, Mary K. Pratt shares how CIOs are managing cost-cutting to overcome the global crisis. Thus, most of them are taking a U-turn to keep IT operations moving.

A Reality Check

According to a recent Forrester Research, CIOs are facing about a 5 percent reduction in the annual IT budget of 2020. Meanwhile, IDC forecasts a 5.1 percent decline in the IT spend.

CIOs have been managing their IT operations in a limited budget for a long time. They are focusing on the operational cost again to maintain uniformity. Nonetheless, they need funds to initiate a lucrative business initiative.

Here are some expert suggestions to ensure seamless IT operations without compromising on the quality of deliverables:

Analyze the Existing Operations

Inspecting current operations may not be unusual, but it is one of the most significant ways to identify critical problems.

Find Resources for Vendor Management

The CIOs can get more value out of the vendors they are approaching for business. So, hire professionals for vendor management.

Drop Poor Performers

Reprioritize and invest in technologies or projects that bring profitable returns. Focus on tools that assure immediate revenues. Eliminate initiatives that are not delivering the unexpected outcomes.

Automatic IT operations

To increase the speed of your IT operations, automate the tedious or repetitive tasks, and minimize human errors. Robotic process automation and artificial intelligence have the potential to reduce human effort and cost.

Switch to Cloud

Invest in technologies that can deliver value to your IT division or enterprise. Shifting office workload or large graphical files to the cloud can save staff time and improve performance.

Increase Efficiency

Goal-oriented CIOs are adopting lean operations to achieve long-term objectives. By continually assessing the people, processes, and procedures, you can optimize your existing staff’s efficiency. Click on the following link to read the original article: https://www.cio.com/article/3562389/6-ways-to-make-it-operations-more-efficient.html

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