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Money is tight and hard to come by, and a lot of companies are looking to cut costs and sacrifice the non-essentials. For many, taking off a chunk out of the IT budget is one of the ways to try to save money.
However, when it comes to IT services, chances are a bit more investment may actually save money in the long run, since many technologies make operations more efficient and increase of productivity.
An article from Inc. Technology shares 10 very helpful tips on how investing in certain technologies can help your business better weather the recession. The article lists specific technology investments worth forking out money for, including Virtual Private Networks (VPNs), Web conferencing, and Virtualization Software among others. There are also many practical tips on making IT work more cost effectively.
To find out more, read the article here:
http://technology.inc.com/managing/articles/200803/moneysaving.html