We all know that the only thing better than a regular dollar is a stretched dollar. And these days, businesses are spending more dollars than ever on IT. If you don’t want to take our word for it, a report by Gartner forecasts that IT spending will top $4.6 trillion in 2023, a 5.1 percent increase from this year.
No matter what your IT budget is, you can make the most of it without compromising value, security, or your competitive edge. We’ve put together a few tips on how to make the most of your IT budget.
Key Takeaways
- Global IT spending is projected to top $4.6 trillion, making smart budget management a critical priority for businesses that stretch their IT dollars without compromising performance or security gain a measurable competitive advantage.
- Cloud computing reduces physical infrastructure costs, IT support expenses, maintenance, staffing, and security overhead into a single predictable monthly fee.
- Automating routine IT service requests such as password resets and permission grants frees teams to focus on higher-value, strategic work.
- Refurbished and secondary market hardware from reputable sellers offers the same reliability as new equipment, often backed by warranties and certified technician testing, at a fraction of the cost.
- Outsourcing to a managed services provider means paying only for actual capacity and usage, eliminating the overhead of maintaining full-time in-house IT staff and on-premises infrastructure.
Look to the Cloud
Over the last few years, more and more companies have been basking in the secure, anytime access that comes with cloud computing, especially while navigating the new work-from-home norms. But, did you know these companies are also saving money by moving their data to the cloud?
Not only does Cloud computing reduce the amount of physical space you use (and pay for) for your equipment, it saves you money on IT support services, maintenance, staffing, and security. This can often all be handled by your cloud services provider for a monthly fee you can budget for.
Automation Is Your Friend
Did you know that most IT service requests are incredibly simple? They often involve things like refreshing low-performing IT, domain password reset requests, or granting permissions for things like printers and shared folders.
Each of these requests take up staff’s valuable time. They can also cost you upwards of $40 an hour to perform.
Automating these simple processes frees up your staff to concentrate on more critical and more creative tasks. Not only does this help prevent employee burnout, it prevents you from throwing money down the drain.
Don’t Be Afraid to Outsource
Many companies find outsourcing to be a great way to cut IT costs. Managed services providers (MSPs) host, manage, and maintain your organization’s IT infrastructure, meaning the money you spend is solely based on actual capacity and usage.
This is a far cry from having to fork over money for on-premises infrastructure on top of the ongoing cost of maintaining one or more in-house IT pros.
Invest in Refurbished Equipment
It’s easy to fall into the trap of thinking that newer is always better, thereby blowing most of your budget on shiny, new equipment. What you may be missing, however, is that reputable secondary market retailers, like Inteleca, have your back with warranties, ongoing support, and guarantees to make sure you’re getting a quality product.
Worried that you aren’t the original owner? Reputable sellers carry a variety of products including pre-owned, refurbished, and “like new” hardware. Some items may even still be new-in-box from canceled projects, overstock, or businesses that have closed.
Every product sold by Inteleca undergoes a visual inspection of the product condition, cleaning of any blemishes, and a complete pre-testing checklist. Next, the equipment is tested by our certified-technicians to ensure all features are available and working properly and products sold are covered by the Inteleca Lifetime Warranty.
Inteleca is an industry leader in all aspects of the secondary IT hardware market, including Inteleca-certified, pre-owned networking hardware.
And for those moments when new gear is the right answer, we also carry the best in brand new IT equipment.
Contact us here, and one of our engineers will reach out to schedule a call to discuss your options and help you maximize your hardware investment.
FAQs
Are refurbished computers trustworthy?
Yes! Refurbished hardware from a reputable (like R2V3 certified) secondary market provider undergoes rigorous inspection, cleaning, and certified technician testing before it reaches your business. Purchasing refurbished also extends the lifecycle of equipment.
How can a business reduce its cost without sacrificing quality?
Businesses can reduce IT costs by combining several strategies. Moving workloads to the cloud, automating routine service requests, outsourcing infrastructure management to a managed services provider, and sourcing refurbished hardware through the secondary market. Together, these approaches eliminate unnecessary overhead while maintaining security and reliability.
