If you Google: “Where to spend your IT budget”, the responses vary. Some punt security, especially given the recent rise in cyber attacks. Others still, highlight the importance of being discerning about the tech trends you opt to embrace and those you choose to pass up on.
What all the articles agree on is that budgets are tight and that businesses need to be strategic when it comes to finding the right tools and technologies to meet their unique needs. If money weren’t a concern, this conversation would be irrelevant but for most businesses, budgets are tight and spending in one area is likely to mean skimping in another.
At Nebula, we work with our clients to help them streamline their entire telecoms ecosystem – eliminating redundancies, identifying wasteful expenditure and boosting overall productivity, with the ultimate goal being to promote cost efficiencies.
And this is important. We’re written about the importance of spending your budget more efficiently, rather than just trying to reduce your budget. We believe that businesses should rather focus their attention on finding smart ways to use their existing budget – and, in some cases, even use more money – by spending their money on things that add real, tangible value.
Here are a few ways you can get the most out of your IT budget and realise measurable results:
Focus on security: All businesses, regardless of size and industry, need to be thinking about IT security. While some business execs may resist making sizeable investments in security, the reality is that failing to allocate money in security may cost you more in the long run. Especially when you consider the potential reputational damage a business can suffer due to hack or security breach.
Avoid digital silos: If you want to take full advantage of digital transformation, you must avoid “digital silos”. If businesses want to offer their customers, stakeholders and employees a connected experience, all the different business apps they use each day need to be integrated and seamlessly communicate with each other.
Consider TEM: When businesses review their IT budgets, telecoms expenses are often one of the greatest expenses. When we conduct telecoms audits for our clients what we typically find is inaccurate billing, redundant lines and contracts that don’t match their business’ needs. TEM automates your entire telecoms ecosystem, making it easier to track spend, allocate bills and identify any abuse.
Want some help reigning in the telecoms portion of your IT budget? We’re the guys your need to call. Simply complete the form below and we’ll be in touch.