IT Cost Reduction: How to Make IT More Cost Effective

According to Gartner, IT departments will spend $3.8 trillion in 2019.  IT cost come from a variety of initiatives including: equipment and software. This can be expensive for a growing organization. Will cost go down as more companies move to the cloud or a hybrid model? Maybe or maybe not, moving to the cloud can cut your internal workforce. But the more storage and services an organization needs the more prices can increase. That means vendors can eventually change pricing models because they own the infrastructure.

Malicious attacks have increased; IT departments can act as the last line of defense for cyber-attacks. Securing an organization’s data can save a company from expensive fines, fees, and lawsuits. According to IBM’s 2018 Cost of a Data Breach study, the average cost of a data breach is $3.86 million. McAfee’s Economic Impact of Cybercrime, No Slowing Down report, estimates that cybercrime globally costs $600 billion a year.

IT Departments can liquidate items to make money to reinvest. Liquid Technology provides enterprise level computer liquidation services. We help organizations receive a positive ROI. If you are interested in learning more about our services, please visit: https://liquidtechnology.net/computer-liquidation-services/