What are short-term strategies for cost-saving in IT?

Short-term strategies for cost-saving in IT may include reducing energy consumption, minimizing software licensing costs, and optimizing hardware utilization. Energy consumption can be reduced by implementing energy-efficient IT systems and reducing the use of devices during idle times. Minimizing software licensing costs can be achieved by consolidating software applications and moves towards open-source alternatives. Additionally, hardware utilization can be optimized by consolidating servers and storage hardware, virtualizing desktop infrastructure, and updating existing equipment rather than purchasing new ones. These strategies can help businesses reduce IT costs in the short-term while maximizing the existing IT infrastructure.

This mind map was published on 13 June 2023 and has been viewed 108 times.