Intelliden Inc., a provider of Intelligent Networking software offerings, has outlined five key strategies, which it says will help network and IT managers navigate the current downturn and also ensur...
January 1, 2009
Intelliden Inc., a provider of Intelligent Networking software offerings, has outlined five key strategies, which it says will help network and IT managers navigate the current downturn and also ensure their companies are best placed for the economic upturn.
The five are:
Control Cost without Compromising the Business: Technology managers need to harness technology that tackles the most obvious and easiest cost savings, especially if they find themselves resource constrained. Greater automation, and recovering stranded or lost network assets are two easy ways of cutting costs and controlling expenses.
2. Simplify Your Technology Environment: Recessions can actually be a great time to simplify IT architectures, systems and processes. Fewer systems are easier to manage especially with fewer people. One way to achieve this is through migration to commercial-off-the-shelf (COTS) software.
Look for Shorter Payback Period on your Investments: All new investments, including technology, will understandably be closely scrutinized in this economic climate. A recession dictates new expectations for better and faster return on investment periods.
Secure Your Network and IT Assets: As the economy swings into a downturn, fraud and crime swing into an upturn. This means the threat of cybercrime, data breaches, hacking, malware, phishing or knowledge theft will peak in activity. Without the proper protection in place, this can result in unnecessary cost when companies can least afford it.
Do Not Stop Innovating: Companies still need to be creative and innovative, even in a downturn. There is a tendency for many organizations to hibernate with IT paralysis in a recession. However, it is in times of uncertainty that the best initiatives often come to light.