4 Surefire Strategies To Cut IT Costs

June 25, 2018Manhattan Tech Support

Cloud ServicesIT Consulting & StrategyTech Support & Managed IT ServicesConstructionEducationFinanceHealthcareLegalReal Estate

For medium and large sized businesses, IT costs can seriously add up. In fact, up to 80% of IT budgets are used for routine maintenance alone. Fortunately, there are many small yet impactful steps you can take to put a dent in your business’s IT costs and reallocate your budget. Here are just a few ways to cut your IT department costs.

Use Cloud Storage

According to data from Silicon Angle, over 60% of businesses were utilizing the cloud for IT-related work in 2013. Since then, this shift towards the cloud is all but complete. It’s easy to see why: cloud storage optimizes security and efficiency, while cloud-based applications make collaboration possible no matter where employees are physically located. Just as importantly, 82% of companies surveyed said that they saved money by moving to the cloud.

Take Advantage of Enterprise Network Equipment

Due to the rising bandwidth requirements and shift toward wireless systems, the enterprise network equipment market is projected to hit $30.6 billion by 2020. If you’re already taking advantage of cloud storage, you may be able to increase those savings by optimizing the equipment you’re using. Cisco Meraki has 2 million devices connected around the world, so don’t hesitate to consult Meraki support experts to help you get started with their enterprise equipment.

“Storage and hardware no longer need to be on-site and the cost of renting can be much lower than the cost of owning as resources are only used when needed. Containers can also be useful here as they allow customers to shop for the best price from cloud providers,” writes Bob Ronan on CIO.

Hire More College Graduates

It may sound surprising, but hiring recent college grads every year helps to minimize overall attrition. Just choose an accredited local college that your business can form a professional relationship with, and before long, you’ll have a steady influx of eager candidates willing to work hard to prove themselves without having to provide them with a six-digit salary.

Reduce Overall Turnover

Finally, reducing turnover is typically a long-term goal for most businesses, but not many know that minimizing turnover can cut IT costs as well. Simply put, it costs more to recruit, onboard, and train new employees, and reducing these expenditures can help your business reallocate some of the saved funds into more necessary IT infrastructure opportunities.

Ultimately, cutting IT costs will inevitably be an ongoing challenge, but keeping these tips in mind is a great place to start. For more information about firewall support, Meraki consultants, or professional Meraki support experts, contact Manhattan Tech Support.

Related Articles

IT Talent Shortage – This is Your Workaround

calendar June 23, 2021

author Manhattan Tech Support

Business Intelligence Cloud Services IT Consulting & Strategy Security Software Development Tech Support & Managed IT Services Telecommunications Construction Education Finance Healthcare Legal Non-Profits Real Estate Startups

IT Talent Shortage – This is Your Workaround

Skill gap got you down? MSPs can help fill the technical void left in your business.

Read More
How To Protect Your Distributed Workforce From Cyber Threats

calendar June 15, 2021

author Manhattan Tech Support

IT Consulting & Strategy Security Tech Support & Managed IT Services Construction Education Finance Healthcare Legal Non-Profits Real Estate Startups

How To Protect Your Distributed Workforce From Cyber Threats

Take a deep dive into how companies can deal with cyber threats with a multi-location team. Whether near or far, Manhattan Tech Support can help you ensure you’re not a victim of those sneaky hackers.

Read More
What are NOC and SOC?

calendar June 7, 2021

author Manhattan Tech Support

IT Consulting & Strategy Security Tech Support & Managed IT Services Construction Education Finance Healthcare Legal Non-Profits Real Estate Startups

What are NOC and SOC?

The NOC and SOC are critical aspects of keeping your business safe, but do you know what they do and how they help your business?

Read More