IT departments have gone through several fundamental changes over the past couple of decades. Today’s technology seems space-aged compared to what was available just 10 years ago, and IT professionals everywhere are just trying to keep up.
Many businesses are seeing their IT expenses, or costs, rise. They’re being forced to invest more in their technological infrastructure and, in many cases, the growing demand of superior technology is driving budgets through the roof. IT costs are expected to maintain this upward trajectory for years to come, and for businesses with already-tight budgets, this seems like an insurmountable challenge.
So why is it that IT costs keep climbing, and what can you do to resist those increases?
These are some of the most important factors influencing the steady rise of IT costs:
How to low the creep
So what can you do to fight against the increase of tech costs? Here are four steps you can take:
There’s not a whole lot you can do about the steady rise of IT costs; technology is going to become more and more complicated, and demand is going to keep increasing. Ultimately, this is a good thing, since better technology means you can accomplish more as a business. You can however, make sure your organization is doing a better job of stewarding the resources you’ve been given and make more efficient use of the IT expenses that you decide to take on.
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