5 ways to reduce IT asset costs to free up budget for growth-driving change and innovation
5 ways to reduce IT asset costs to free up budget for growth-driving change and innovation
11 PagesTo reduce IT asset costs and reallocate budget towards innovation, consider: 1) Gaining a comprehensive understanding of IT spending to identify waste, 2) Addressing overspending on maintenance and unused licenses, particularly from outdated systems, 3) Managing unauthorized IT spending and shadow IT to mitigate risk and redundancy, 4) Extending IT cost visibility to other teams for enterprise-wide efficiency, and 5) Committing to continuous optimization of IT assets. These steps aim to enhance business resilience by freeing up resources for growth-driving changes, leveraging tools for visibility, optimization, and control.
