You are aware of the risks — you must cut your budget or risk losing staff — or even your own job. This usually occurs on a normal basis…and sometimes unexpectedly. But how do you trim down the numbers without killing progress? That is the million dollar question.

If you’re looking for ideas on how to reduce IT spending without halting forward progress, these tips will come in handy.

1. Deploy open source

You can save a great deal of money when you don’t have to shell out precious dollars for licensing fees to Microsoft and other third parties. But don’t think that employing open source will move you backward. Enterprise companies are adopting open source in wholesale fashion because it is the tech of the future, and it’s reliable, scalable, secure, and ready to serve nearly every need you have.

2. Virtualize your servers

Instead of constantly repairing and replacing those aging servers, why not go virtual? You’ll save cost on hardware, your backups will be much easier, and failover will be a no-brainer. Add this to the fact that maintenance on your virtual server farm will be greatly streamlined, and you’ll arrive to the same conclusion as many IT pros over the last five years: Virtualization is a win-win.

3. Prioritize spending

Prioritizing is especially important for fixed spending — those things you can’t do without. In fact, this should be one of the first things you do when faced with shrinking a budget. Go through it line by line and prioritize the items you can’t do without. Then take them off the table and move on to what you can do without. While you’re prioritizing, make sure the spending on your priority item is spot on. If item A is a priority, make sure the budget you have earmarked for item A is accurate. If you think you need more or less for that, the you need to adjust.

4. Outsource data centers

If you’ve been spending a lot of money on licenses for, let’s say Microsoft Exchange, and that Exchange server is costing you a higher percentage of your budget than you deem necessary, migrate from a local server to a hosted server. Plenty of those services are available, and in many cases they will save you money. You can also migrate away from that costly local backup solution and move it to the cloud (which most data centers offer as well).

5. Go green

There are tax credits for going green. However, going green isn’t just about the taxes. You can save money by making use of greener technology. Yes, the money would be saved from other departments (electricity use is a big one), but when you make the powers-that-be aware of those cost savings, they could very pass those savings down to you.

6. Purchase used equipment

Yes, this is actually a risky endeavor. First, you run the risk of purchasing something that doesn’t work or fails a few months later (and there’s no warranty support). However, when you have a pressing need and don’t have the budget to purchase new, you might find yourself in a do-or-die situation. Besides, purchasing used is one way to become a more responsible consumer. Buying used routers, cables, switches, and access points is often a safe bet, as they tend to have a lengthy shelf life. Once you have the budget replaced, you can go back and purchase new and use the second-hand equipment as a backup.

Tags: ,

This entry was posted by Staff Writer on Wednesday, February 1, 2017 at 6:16:22 AM and is filed under Small-Medium Business.

Leave a Response